**This program is hosted by our partner, Asset Funders Network (AFN), who has extended an invitation to PNY members.**
While COVID 19 has had dramatic impacts on all segments of society, Generation Z will likely bear the greatest financial brunt of this crisis. Inheriting a society filled with structural economic inequities, poor prospects for quality employment, and the inevitability of untenable future student loan debt will cause significant economic insecurity for this generation. In fact the unemployment rate for young workers ages 16–24 jumped from 8.4% to 24.4% from spring 2019 to spring 2020, representing four million youth. While unemployment for their counterparts ages 25 and older rose from 2.8% to 11.3% the Spring 2020 unemployment rates were even higher for young Black, Hispanic, and Asian American/Pacific Islander (AAPI) workers (29.6%, 27.5%, and 29.7%, respectively.
For low-income BIPOC youth without a financial safety net these combined factors may mean financial devastation. It will impact their financial and economic lives not only during the pandemic, but over the longer term as they strive, save, and build financial stability for their future.
Explore
- How to build financial security for youth (16-24) that responds to the current moment but also builds a solid foundation for their economic success
- How investing in youth now will lead to future dividends in helping them thrive
We want your help in shaping the conversation. Please feel free to submit your questions in advance when you register.
Designed for
All interested funders.
Registration
Registration is required by November 9th.
Members and Non-Member Funders: Please click on the "Register Now" link above. Webinar information will be emailed to you before the webinar.
Please note: To ensure fairness among our members, we reserve the right to limit the number of attendees per organization for select professional development programs.
Please email register@philanthropynewyork.org with any questions.