Jumpstart NYC Job Training Program
The city of New York is looking to spend $45M this year to entice talent to stay in New York and help retrain them to work within other industries as wall street jobs within the city shrink by almost 50,000. Here is an article excerpt from CNN on this:
New York City plans to spend $45 million on job training and other programs to aid unemployed bankers and reinvigorate the city's business community.
The programs are ultimately aimed at helping the city retain its status as a global financial capital, said Mayor Michael Bloomberg, amid the massive downsizing or collapse of many Wall Street staple firms.
Late last month, the mayor said the city could lose some 46,000 Wall Street jobs by the second quarter of 2010. source