Today, in response to the national youth unemployment rate numbers released by the Bureau of Labor Statistics, NFTE CEO Amy Rosen released the following statement: U.S. Youth Unemployment Still More than Three Times National Rate Today, the BLS report on the American employment picture shows a continuing bleak picture for young people - more than one in five of whom (20.2%) are unemployed. Below is a quote from Amy Rosen, CEO of the Network for Teaching Entrepreneurship, a 26 year old global non-profit which teaches entrepreneurship thinking and employment skills to young people.
On Thursday, July 3, the Bureau of Labor Statistics released the unemployment data for the month of June. Although the overall unemployment rate changed for the better, dropping to 6.1% on the back of 288,000 new jobs, youth unemployment revealed itself as a lasting problem.
As someone whose job is Development (AKA fundraising), it is a rare opportunity when I get to co-lead a student program. NFTE “cross-training” as we sometimes call it, is a great way for staff members to get out of their regular day-to-day and directly be a part of the exciting work we do with youth. I have been raising funds for BizCamps for 15 years and I’ve had the chance to participate in several over the years, but admittedly it had been a while.
This summer, NFTE is bringing its experiential curriculum to 11 cities across the U.S. in the form of summer BizCamps. NFTE BizCamps are two-week intensive entrepreneurship programs designed to unlock the entrepreneurial mindset in youth as each participant builds a full plan for an original business idea of their own.
Knight Foundation supports the Network for Teaching Entrepreneurship(NFTE) to prepare students from low-income communities for today’s technology landscape. Below, Stephanie Alvarado, NFTE’s development associate, gives a snapshot of NFTE alumni’s first day of GenTech, a summer camp to help students launch their tech-based business while learning to code.