While the national unemployment rate continues to fall, women are overrepresented in the ranks of the unemployed and underemployed. In Oregon, where the unemployment rate is slightly above the national average at seven percent, nearly 17 percent of women are living in poverty.
Bank of America is working to address unemployment – and by extension, poverty – in Oregon through its support of Dress for Success, a nonprofit that connects women to the interview skills, mentoring and professional attire they need to find and keep living wage jobs. In 2013, the organization was chosen as a Neighborhood Builder winner, receiving $200,000 in unrestricted funding and leadership training. Dress for Success Oregon used that funding to open a new Career Center facility for its clients.
“Women have so much to offer employers and the economy here in Oregon,” said Monique Barton, a senior vice president at Bank of America and member of the Board of Directors of Dress for Success Oregon. “Removing barriers for women is a priority for Bank of America, so we’re very pleased to be able to support an organization that’s providing such valuable services for Oregon women.”