Cambridge Mayor Kenneth E. Reeves '72 dedicated an "honor roll" yesterday to Harvard and other public and private institutions which employ Cambridge youths.

In a speech before approximately 30 people at City Hall yesterday evening, Reeves praised the combined efforts of Cambridge business leaders and the Citywide Youth Employment Office (CYEO), through which institutions hire young Cambridge residents.

"It is important to recognize employers who are involved," Reeves said.

An honor roll bearing the 127 names of participating companies was presented to the businesses and will hang in City Hall.

CYEO was created two years ago, through the efforts of Councillor Jonathan S. Myers, to coordinate the many employment and training programs already in existence. It is a collaborative project of Cambridge Community Services and the Cambridge Department of Human Services.

CYEO program Director Saphira Baker said yesterday the program is aimed at disadvantaged, inner-city youths.

"Our common denominator is our kids...they are our future," said James B. Keegan '63, president of Cambridgeport Bank and chair of the business advisory committee for CYEO.

Last summer, 403 students were able to find work through CYEO. The programs have a 75 to 93 percent success rate, according to city officials.

CYEO is already embarking on its summer campaign to get more companies involved so that more students can be hired, Baker said. The program's new slogan is, "We've Got a Job to Do. Let's Get to Work."

Several business leaders interviewed yesterday expressed enthusiasm for the CYEO project.

"The impact can only be positive," said William P. Fallon, a training and development manager from Arthur D. Little Inc