Bourdieu, Founding Theorist of Social Capital Theory
A lack of social capital has impacted generations of families who have been unable to access employment opportunities. Once underserved and underestimated ready-to-work residents get started on a more stable employment journey, their social capital networks will grow as well, sustaining the power of social capital and boosting employment.
PCC can help build social capital for low-income individuals. By leveraging social capital under a collective impact model, PCC can be a stepping-stone to long-term job opportunities, a bridge to building social capital for its members, and a means to reduce extreme economic inequality. If PCC can accomplish this, it will change employment practices in general and could help increase the income of more than 15 million people.
All other neighborhoods were unemployed at a 19% rate
Low-income communities lack high-value social capital and the ability to obtain a job
Fragile Communities are communities that lack social mobility and financial resources. The national average in 2018 was 4.1%
Low-income communities have networks, but they lack knowledge of where the jobs are