BestOfTheBest-2025-728x90

SBA & Small Business Majority address nation’s youth unemployment

The U.S. Small Business Administration (SBA) and Small Business Majority announced their joint commitment to encourage small employers to create job opportunities for young people as part of a national sign-on campaign.

The campaign aims to help bridge the gap between youth who are out of school and out of work, and small businesses needing to fill key entry-level positions.

Together with Small Business Majority, SBA is working toensure that today’s youth have the career options they need to thrive and succeed and that small businesses—the engine of our economy—have a strong, dedicated workforce.  Connecting youth and small business owners will not only help address unemployment, but it could spark the next generation of entrepreneurs.”

BestOfTheBest-2025-728x90

Over the next year, the SBA and Small Business Majority will strive to help today’s youth get back to work by having small businesses pledge to one or more actions outlined in the campaign. Pledge companies will commit to increasing the number of youth hires within their company, expanding full or part-time internships, or providing mentorship opportunities.

This campaign builds on existing efforts by the SBA and Small Business Majority to create more opportunities for youth and Millennials across the country, including youth of color. Last year, President Obama launched the “My Brother’s Keeper Initiative” to ensure that all young people can reach their full potential. The SBA’s commitment to this initiative aims to help create pipelines for all young people, including young people of color, to enter the workforce, and, perhaps, one day own their own business.

- Advertisement -

“Last year, we pledged to find 100 small employers who were committed to providing opportunities for young Americans and are proud to say we far exceeded our goal. With our partners at the SBA, we’re excited to build upon this work to create professional opportunities for our nation’s youth while providing small businesses with qualified workers,” said John Arensmeyer, CEO of Small Business Majority. “Far too many young Americans are struggling to find jobs after they leave school, which negatively affects economic demand. By solving this problem, we will foster better workforces, which will bolster small employers and our economy as a whole.”

More Stories

Daryl Vaz Jamaica

Jamaica earns over US$500M from oil exports since 2024

Jamaica has exported 4.5 million barrels of petroleum products since the start of 2024, generating more than US$500 million in export earnings—largely from sales...

TransJamaican Highway sees US$9 million in profit from January to March

TransJamaican Highway Limited (TJH) has reported a solid start to the 2025 financial year, posting a net profit of US$9.1 million for the first...
joe biden

Former President Joe Biden diagnosed with aggressive form of prostate cancer

Former President Joe Biden was diagnosed with an “aggressive form” of prostate cancer, according to a statement from his personal office Sunday, and it...
western union remittances

New US tax proposal includes 5% remittance fee for non-citizens

A major tax package backed by President Donald Trump cleared a key hurdle this week, as the House Ways and Means Committee advanced the...
Elizabeth Ann Jones

Jamaica National Group’s Elizabeth Ann Jones receives top ICAJ honor for career in taxation

From her humble beginnings in rural Jamaica to becoming one of the Caribbean’s most respected tax experts, Elizabeth Ann Jones, Chairman of The Jamaica...
Grenada Tourism Authority workshop

Grenada Tourism Authority hosts business workshop for local entrepreneurs

The Grenada Tourism Authority (GTA) wrapped up a high-impact, two-day business development workshop aimed at empowering local entrepreneurs, artisans, and vendors with the skills...
Caribbean American women

How Caribbean American women can lead boldly in today’s America

In 2025, as corporate America retrenches from diversity, equity, and inclusion (DEI) commitments under increasing political pressure and scrutiny, Caribbean American women leaders find...
Barbados CAF grant

Barbados secures $1.4 million grant to tackle water loss, modernize infrastructure

In a major step toward strengthening water security and modernising its ageing infrastructure, the Government of Barbados has secured a US$700,000 (BDS$1.4 million) grant...
Guyana china

Guyana and China pledge deeper trade, investment ties

Guyana and China have reaffirmed their growing partnership with a renewed pledge to expand trade and investment cooperation, following high-level talks between Guyanese Foreign...
Gianpiero Leoncini - CAF Executive Vice President and Alejandra Claros - CAF Secretary General raise Antigua and Barbuda's flag at Caracas Headquarters

Antigua and Barbuda becomes the newest shareholder country of CAF

Antigua and Barbuda has officially become the newest shareholder in CAF – Development Bank of Latin America and the Caribbean, marking a significant step...

Latest Articles

Skip to content