Jobs for the Future (JFF) has announced the $1 Billion Wage Gain Challenge to identify and accelerate ways to meaningfully increase annual incomes of Americans. This competition focuses on one tangible metric: increasing the annual wages of at least 100,000 low- and middle-income US workers by $10,000 each by 2021, totaling $1 billion in wage gains.
JFF will source new and existing ideas, highlight promising examples, and encourage the workforce field to explore innovative approaches to address this challenge.
The competition is supported by Schmidt Futures, and will be complementary and connected to its efforts in the Alliance for the American Dream. Schmidt Futures works to advance society through technology, inspire breakthroughs in scientific knowledge, and promote shared prosperity.
Timeline
- September 24, 2018: Application opens
- November 25, 2018: Application closes
- December 2018: Select finalists
- Q1 2019: Pitch event and national recognition
Visit jff.org/wagegain to sign up for details.
Comments
Jobs for the Future (JFF) has selected seven finalists. These finalists include ideas range from an innovative skills-based training model to Artificial Intelligence-driven assessment platform, The finalists will compete against one another in a final pitch event at the ASU GSV X Summit, in San Diego on April 8.
Learn more about these seven innovators, and follow along as they compete for funds to bring their innovation to wide-scale practice.
Mike Cruse
Career Pathways Moderator
michaelcruse74@gmail.com