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Lifeway Foods Makes Clinton Global Initiative America Commitment To Action To Create Internship Program For Underserved Youth

Stocks in this article: LWAY

MORTON GROVE, Ill., June 25, 2014 /PRNewswire/ -- Lifeway Foods, Inc., (Nasdaq: LWAY), a leading supplier of cultured dairy products known as kefir, announced a Commitment to Action at the Clinton Global Initiative America (CGI America) meeting to address the opportunity gap for 16-to-24 year olds. The company is launching an internship program to help underserved youth build valuable job skills in entry-level positions while earning full-time wages. Working with Chicago-area nonprofits to identify young people to participate in internships to full-time positions at Lifeway's senior leadership offices, the company will take positive action to address the lack of economic opportunity for youth while gaining valuable new perspectives.

Lifeway Foods Makes Clinton Global Initiative America Commitment to Action To Create Internship Program for Underserved Youth

Former Secretary of State Hillary Rodham Clinton is prioritizing youth employment as one of the key issues for her work at the Clinton Foundation, and believes that business-led initiatives will play a critical role in addressing this important economic challenge.  The Clinton Foundation is working closely with businesses and leading nonprofits, economists, and advocates across the country to identify and scale effective ways for companies to address their core business needs through engaging our nation's opportunity youth. At the 2014 CGI America meeting, Secretary Clinton announced Job One, a major set of commitments - including Lifeway Foods' - focused on improving job pathways for youth in the United States. To facilitate the sharing of best practices, and encourage more companies to adopt youth employment activities, Secretary Clinton also announced at the 2014 CGI America meeting that CGI will be creating a U.S. Youth Employment Action Network to help CGI members continue to work on this important issue over the year ahead.

"This has been a priority for us because six years after the financial crash, many young people are still struggling," Secretary Clinton said. "In fact, one of the most terrifying statistics is that nearly 6 million young Americans between the ages of 16 and 24 are out of school and out of work, and for those who don't get a college education or even high school, most doors just won't open no matter how hard they knock."

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