Junior Achievement USA® (JA) and ALPFA, Inc. (the Association of Latino Professionals For America) today signed a Memorandum of Understanding (MOU) in Washington, D.C. The two organizations have agreed to work together on the shared goal of preparing young people to be work-ready and to provide them with a valuable means to explore career opportunities, entrepreneurship, and financial literacy. As part of this partnership, ALPFA Chief Executive Officer Charles P. Garcia today joins the Junior Achievement USA board of directors. Additionally, ALPFA will encourage its membership to become involved as volunteers and board members with JA's 115 local offices across the United States. Finally, Junior Achievement USA will increase staff capacity to help manage the partnership.
Nearly Two-thirds of Teens Ages 13-17 Plan to Work This Summer Despite Double-digit Teen Jobless Rate
A new national survey of teens released today by Junior Achievement USA (JA) found that 61 percent of 13-17 year-olds plan to get a summer job this year. Teens' optimism about finding summer employment contrasts with the U.S. Bureau of Labor Statistics' (BLS) March 2015 employment report which said that 17.5 percent of youths ages 16-19 are currently unemployed (seasonally adjusted), compared to 5.5 percent unemployment among the general population. Additionally, last July, the month during which youth unemployment is typically at its lowest, the BLS found 14.3 percent unemployment among 16-24 year-olds.
Washington Business Report: One-on-one with HonesTea Co-founder and CEO Seth Goldman
For this week's One-On-One, Cooper caught up with Seth Goldman, co-founder and TeaEO of HonestTea. Goldman spoke about the birth of HonestTea, and how the company does business and remains Washington-based. Goldman is one of this year's inductees to the Washington Business Hall of Fame. Junior Achievement of Greater Washington, the Greater Washington Board of Trade and Washingtonian magazine sponsor the initiative. JA EVP and COO Amy Marcenaro stopped by to tell us more about the ceremony and this year's laureates.
Washington Business Journal: Who makes the 2015 Washington Business Hall of Fame?
Fairfax Connection Newspapers: Vienna Children Learn about Micro and Macro Economies
Students in Future Business Leaders of America spent the day teaching Westbriar Elementary School students in Vienna about financial literacy during “JA in a Day.” Junior Achievement of Greater Washington partnered with FBLA in Marshall High School in Falls Church to bring the program to the elementary school children. Both groups of students were encouraged to dress up in the professions they want to pursue.
Survey Reveals Startling Disconnect Between Teens' and Parents' Views on Paying for College and Other Personal Finance Topics
Junior Achievement USA® (JA) and The Allstate Foundation released today surprising findings from the annual Teens & Personal Finance Survey, which was expanded this year to include parents for the first time.
The 2015 survey reveals that nearly half of teens (48 percent) think their parents will help pay for college but only 16 percent of parents (of teens) report planning to pay for post-secondary education. Junior Achievement USA has commissioned the Teens & Personal Finance Survey for the last 16 years. The 2015 study was conducted online on Junior Achievement's behalf by Harris Poll in January 2015 among 801 parents of teens ages 13-18 years old and 800 teens ages 13-18 years old.
Washington Post: For the First Time in History, Majority of U.S. Public School Students are in Poverty
The Washington Post reported last week that “for the first time in at least 50 years, a majority of U.S. public school students” in pre-kindergarten through 12th grade live in poverty. In Maryland, 43 percent of students live in poverty. In Virginia, 39 percent. In the District of Columbia, the poverty-rate for school-aged children is an alarming 61%. Read more about why this matters and what Junior Achievement of Greater Washington is doing to address this critical issue.
CNBC: This Playground Teaches Kids About Money
Now Accepting Nominations for the 2015 Washington Business Hall of Fame
Business News Daily: Teen Entrepreneurs Are Running Life-Changing Businesses
You don't have to be an adult to be an entrepreneur. In fact, you don't even have to be a high school graduate.
According to TeenBusiness.com, teenagers around the world are starting and running successful and inspiring businesses. The media has covered young people running high-tech and Web startups like Australian teen Nick D'Aloisio, who sold his news summary app, Summly, to Yahoo for $30 million last year. However, many young adults are changing what it means to be a teen entrepreneur by starting low-tech, green and science-based enterprises with goals that go beyond making money – they want to change lives, too.
Read the full article at: http://www.businessnewsdaily.com/6690-teen-business-entrepreneurs.html