American Express Introduces Job Market Tools

September 22, 2011 – American Express has launched a new program to offer free financial and career tools to 20-somethings in partnership with the leading personal finance and lifestyle Web site for women, LearnVest.com, and the social platform Crowdtap. A new study conducted online by Harris Interactive for American Express reveals that two- thirds (68 percent) of recent grads and students are not working or working at a job that is not in their field. Additionally, almost half (47 percent) are receiving financial assistance from their parents. “With the slowdown in job growth, recent grads are really struggling,” said Pamela Codispoti, executive vice president and general manager, consumer card services, American Express. “Through our partnership with LearnVest and the new community we’re launching on Crowdtap, our goal is to arm twenty-somethings with the tools they need to help build a strong financial footprint and reach professional goals.”