SOUTH CAROLINA– Today in South Carolina, Hillary Clinton unveiled her $125 billion economic revitalization initiative for America’s underserved communities, predominately communities of color. Clinton lays out the plan for a $50 billion investment to create millions of new jobs and provide pathways of opportunity for unemployed Americans – with $20 billion specifically allocated to programs that would put unemployed young adults back to work.
Roughly one in ten Americans between 16 and 24 is unemployed, and these numbers show discrepancies in race relations, says the Clinton party:
- The unemployment rate for African American teenagers is almost twice that of white teenagers.
- In Mississippi, as many as 15,000 unemployed young African Americans aged 20 to 24, and 43,000 young people aged 16 to 24 overall, could see new job opportunities under Clinton’s plan.
“As an educator and mayor, the single most significant investments that can be made into underserved communities are those investments that improve the opportunities for youth and young adults and prepare them to be future innovators of our society,” says Jackson Mayor Tony Yarber, “Secretary Clinton’s plan of direct investment will give young people the opportunities to obtain gainful employment and future success in business that is desperately needed to propel our country to the top of the world’s economic stage.”