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Opinion: Fund Job Training for Oakland’s Underserved Communities

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By Greg McConnell  |  The  McConnell  Group

On Tuesday, April 24, I attended a City Council committee meeting where a major fight broke out over the issue of Job training for Oakland’s underserved communities.
What seemed to be clear to me was that everyone agreed on the need to provide Oakland’s Black and Brown communities training, so people of color can have hope for better futures for themselves and their families.

While Oakland brags that it is going through an economic boom and is experiencing a 4 percent or less unemployment rate, census tracks in east and west Oakland have unemployment rates as high as 10 percent.
By some estimates, African- American and Latino unemployment can run as high as 17 percent.

Everyone at the meeting also agreed that training programs like Cypress Mandela, Men of Valor, and Laborer’s Local 304 are doing great work providing life skills and job skills training to young people and formerly incarcerated people who are unprepared to join the workforce.

No, the fight was not about whether there is need or whether there is ability to provide help.  The fight was about whether money from recent bond measures approved by the voters could source the revenues to pay for the training.

As I sat there, watching people shout at one another, I thought to myself, why are people fighting? There must be a way to get money for training.  We find money for public art, bike lanes, pre-school to college, and many other things that we want to fund.

Why can we not fund something as fundamentally and desperately needed as life skills and job training for Blacks and Browns, too many of whom aimlessly walk our streets with nothing to do but smoke blunts and get in trouble?

This past November we created the Oakland Jobs Foundation to aggregate donations from Oakland’s major businesses and developers to support job training.  We recently awarded $150,000 to two jobs training programs.

While this is a good step forward, it is not nearly enough to address the need.

There is a solution.  Let’s share Oakland’s economic boom.  I propose a ballot measure that directs the City to earmark a percentage of the revenue from new taxes collected from construction of new residential and commercial development.

The cranes that line our streets bring hundreds of millions of dollars to the City.  By earmarking $5 million a year, we could train and reclaim the lives of more than a thousand men and women a year.
This would not be welfare or a handout.

We would insist on attendance and participation requirements for program participants.  Nor, would this be a fund for “poverty pimps”.  Programs would be vetted for past performance and success rates, and there would be strict accountability and tracking of whether program participants enter the workforce.

Who would oppose this?  Not taxpayers, because this would not be another tax on them.  Not residential and commercial developers, because they have to pay taxes anyway, and this just allocates a portion of the new taxes to training.

Not the City, because this is not taking money away from existing programs, it is earmarking a percentage of new revenues.

If I am right in my assessment that everyone agrees on need and the existence of programs that can help, then this approach should be doable.  If not, why not?

 

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Oakland Post: Week of April 1 – 7, 2026

The printed Weekly Edition of the Oakland Post: Week of April 1 – 7, 2026

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Oakland Post: Week of March 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of March 18 – 24, 2026

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Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances. 

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Sponsored by JPMorganChase

As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support 

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC

© 2026 JPMorgan Chase & Co.

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