A job-training program plays a role in a historic rescue mission.
Paris’s struggling banlieues, or suburbs, are fertile soil for AdvancingCities, a JPMorgan Chase initiative that funds job training and business loans in economically disadvantaged communities. The training it finances typically focuses on jobs of the future—think digital skills or hospitality-industry work. But this year the Paris program found a poignant link to the past. Among its partners is Les Compagnons du Devoir, a venerable trade union that trains people in stonecutting and carpentry. Some of its trainees’ skills are now being deployed in the repair of Notre Dame, which was gutted by fire in April.
Economic Opportunity/Financial Inclusion
|Prior Year Rank||18|
|Revenues ($M) (Last Fiscal Year)||$131,412|
|Profits ($M) (Last Fiscal Year)||$32,474|
|Market Value ($M) as of 8/12/19||$344,305|