Junior Achievement of Western New York is releasing a free resource for teens titled “Making Sense: Understanding the Financial Impact of COVID-19.” The guide is designed to answer teens’ questions about the economic implications of COVID-19, including “Why are some store shelves empty?” “Why are some people losing their jobs?” And “Are we going into a recession, or even a depression?”
The guide is available at www.JA.org/MakingSense.
“While social distancing is essential to fighting COVID-19, the disease and the steps we must take to address it are having a financial impact. Our goal is to help young people better understand what’s happening,” said Laurie Mahoney, president. April is Financial Literacy Month, and this is really an important time to be sharing this kind of information.”
The guide is written with middle school and high school students in mind. It uses relatable examples to explain what a recession is, how the Federal Reserve works, and steps being taken by government and the private sector to deal with the economic impact associated with COVID-19.
Additionally, to support teachers and parents who may have students finishing school online this semester, JA is also offering free K-12th grade resources that are available at www.JA.org/Tomorrows.
Education Manager Alycia Ivancie said, “JA is doing this so our kids can spend more time planning for and dreaming about tomorrow, and less time worrying about today. Junior Achievement is committed to doing this until we can all be certain again.”
Junior Achievement is the world’s largest organization dedicated to educating students in kindergarten through 12th grade about financial literacy, entrepreneurship, and career and work readiness through experiential, hands-on programs. In the 2018-19 school year, Junior Achievement of WNY enriched the lives of 16,089 students in 174 schools and community organizations throughout the eight counties of Western New York. For more information about Junior Achievement and how to make a difference in a child’s life, visit www.jawny.org.