Jobs, The Bloomberg Way

Bloomberg tours a Small Business Services incubator beneficiary, courtesy of NYC.gov

Last Thursday, President Obama introduced his jobs plan, but Mayor Bloomberg likely won’t be waiting for imported fixes.

The mayor is widely known for his belief in the city as the seat of solutions. Here’s a look at a few of his homegrown employment initiatives.

  • Entrepreneurship  New York Daily News writer Joanna Molloy is so smitten with Bloomberg’s Department of Small Business Services, she suggested Obama adopt the initiative. The department offers entrepreneurs a range of free services, grants, and assistance. Last year, it helped create or fill 31,000 jobs.
  • Outreach  A three-year plan aims to boost employment and reduce recidivism among young black and Latino men. It will place job recruitment centers in public housing and pair morning classes with paid afternoon internships.  Bloomberg and fellow billionaire George Soros will pay roughly $60 million of the program’s estimated $130 million cost.
  • Tech  In July, Bloomberg announced the city will give free land and incentives to the educational institution that presents the best plan for an NYC-based applied engineering university. In the long term, the project is intended to diversify Gotham’s economy. More immediately, it’s expected to produce jobs in construction and related sectors.
  • Hollywood  This fall season, a record 23 primetime shows will shoot in New York. Recognizing opportunity, the mayor’s Office of Media and Entertainment started the Made in NY Production Assistant Training Program. Over five years, the program has trained about 300 disadvantaged and unemployed New Yorkers —  people like James Adames — for entry-level film jobs.