“Unemployment has threatened significant portions of the American population, including teenagers. With this issue in mind, the White House announced their plan to create 180,000 for young adults (16-24) with a goal of reaching 250,000.
Summer Jobs+ essentially partners with businesses, non profit organizations and other forms of government to provide employment for low income young adults. This program comes immediately after the president proposed a $1.5 billion plan to implement summer and year round jobs for this same age group but Congress did not act on it. Afterward the Federal Government and the private sector came together to create an alternative initiative. The Summer Jobs+ program is the result of those efforts.
Companies like Bank of America, Starbucks Coffee Co. AT&T Inc. have committed to providing 26,850 jobs to the program. Wells Fargo, CVS, Deloitte and Gap Inc., have also signed on to take part in this program.”-Madam Noire
You can get the rest of the story from the White House Press Release here.