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"First Job" Recruiting and Hiring Compact Copyright 2014 City of Dubuque Consent Items # 15. ITEM TITLE: "First Job" Recruiting and Hiring Compact SUMMARY: City Manager recommending approval for the City of Dubuque becoming a participant in the "First Job" Recruiting and Hiring Compact as part of the My Brother's Keeper initiative by signing on to the "First Job" Recruiting and Hiring Compact. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type MVM Memo City Manager Memo Supporting Documentation Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: "First Job" Recruiting and Hiring Compact DATE: September 29, 2016 1 respectfully recommend Mayor and City Council approval for the City of Dubuque becoming a participant in the "First Job" Recruiting and Hiring Compact as part of the My Brother's Keeper initiative by signing on to the "First Job" Recruiting and Hiring Compact. Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Kelly Larson, Human Rights Director Maurice Jones, Economic Development Director A Double Bottom Line Investment: Giving Young People A First Job whitehouse.gov Page 1 of 3 the WHITE HO USE PREsIDENr BARAcx osAMA A Double Bottom Line Investment: GivingYoungPeople A First Job SEPTEMBER 22, 2016 AT 11:26 AM ET BY RYAN BURKE Summary: President Obama is calling on communities and businesses to sign on to the "First Job" Recruiting and Hiring Compact to help youth find employment. Particularly when you're just starting off in the workforce, the prospect of finding a job with a blank resume and limited network and connections can be daunting. This process is tough for college students and even harder if you're one of the one in seven young Americans who are out of school and work. Here's the thing: one of the main things employers are screening for in the hiring process is work experience. It allows them to call references who can vouch for a candidate, assess what someone can do based on demonstrations of what he or she has produced in the past, and many of the skills they are looking for can only be gained on the job. In a recent survey, 66 percent indicated that work experience is a crucial factor in hiring decisions and employers across nearly all sectors ranked it as one of the most important factors for recruitment. And the past experience required to get a job has only increased in recent years as we have seen a macro trend of companies disinvesting in training. The trouble is, if employers are looking for experience when making hiring decisions, how does someone with little or no experience convince a company to give them their first shot to prove what they are capable of? https://www.whitehouse.gov/blog/2016/09/22/double-bottom-line-investment-giving-youn... 9/29/2016 A Double Bottom Line Investment: Giving Young People A First Job I whitehouse.gov Page 2 of 3 President Obama is calling on communities and businesses to step up to address this challenge by signing onto the "First Job" Recruiting and Hiring Compact. The goal is to spread best practices that community and business leaders are already implementing to connect more out of school, out of work Opportunity Youth ages 16 to 24 to first jobs. Giving more young people their first step on the career ladder would have major positive returns for the economy as a whole. A 2012 study estimated that the lifetime cost to taxpayers of 6.7 million youth who were neither in school nor in work was around $1.6 trillion, which reflects lost tax revenues, higher expenditures on crime and health care, and increased social services, among other factors. And for companies that are looking to the future, wanting to invest, grow their businesses and compete for new markets and innovation, one of the most important assets they have is their talent. Companies that have hired thousands of teens and young adults from low-income communities into their first job indicate that program graduates hired by the company enjoy much higher the retention and engagement rates than relative to their peers. Taking these steps to give young people their first job is not just good for the youth, but a smart business decision. F, R COMPANIES FOR_ ,�IQMMQNITI Ryan Burke is Senior Policy Advisor for Economic Policy & Director of TechHire. PRESIDENT 08AMA'S FINAL -A" Qd S T A T t OF T HE U N 1 0 N JANUARY 12, 9PM ET THE FINAL STATE OF THE UNION THE SUPREME COURT Watch President Obama's final State of the Read what the President is looking for in his Union address. next Supreme Court nominee. https://www.whitehouse.gov/blog/2016/09/22/double-bottom-line-investment-giving-youn... 9/29/2016