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“This contest not only promotes financial literacy but also encourages artistic expression, merging the worlds of economics and creativity in an innovative and inspiring way.”
As outlined in their joint statement, the initiative has ambitious plans to impact approximately 6,500 persons with disabilities and their caregivers within the next three years.
Are you thinking of what to give your friends and family this holiday season? Here are 7 gift ideas to enhance their financial literacy.
President Tharman and his wife also attended the event for the initiative’s launch.
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Access Pensions has commenced an educational initiative to provide financial training to students in 30 secondary and primary schools across Nigeria.
With financial literacy levels amongst young Australians waning, brokers have revealed how they look to make a difference. Brokers are in a key position of being able to help educate those making im
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He was speaking at a
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Eighth graders from Two Rivers Community School took a break from traditional classroom learning to participate in Finance Park, a hands-on financial education program hosted by Junior Achievement of Roaring Fork Valley at the Glenwood…
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IDFC First Bank Executive Director and COO Madhivanan Balakrishnan highlights the impact of digital enhancement in customer services, financial literacy, and aw
Finance creator Twinkle Jain emphasised that some creators may have given out questionable financial advice in the recent past. In such cases, it’s essential for the audience to assess the authenticity of the creator
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Financial education and literacy are more than just buzzwords; they’re essential skills for navigating the complexities of today’s economic landscape, asks Steve Burns of New Trader U.
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Some of the top Palm Beach County artists headlining the Muse Art Fair in Miami Beach share why developing and sustaining their businesses is just as important as showcasing their work.
The governor signed a bill Wednesday that mandates high schools teach at least one semester of financial literacy to every student in the state.
They will also learn about topics such as digital banking and scam awareness. Read more at straitstimes.com.
A USC Dornsife social scientist explains how financial literacy training for older women and other underserved groups could help the economy.
The program is focused on improving financial literacy for 13- to 17-year-old boys.
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The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.
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Denison University President Dr. Adam Weinberg has been appointed to the National Collegiate Athletic Association’s (NCAA) Division III Presidents Council, the highest governing body in the division. Dr. Weinberg is one of five new members of the council, who begin their four-year terms following the 2024 NCAA Convention (Jan. 10-13).
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A golden opportunity for the government to boost youngsters’ financial education
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* * * Introduction Thank you for the opportunity to speak with you today. I am very much attuned to the important work that you’re doing on uncertai
According to the World Bank, Bangladesh has been one of the fastest-growing economies in South Asia in recent decades, with an average Gross Domestic Product (GDP) per capita growth of above 5 per cent in the last decade. Moreover, the per capita income has also been steadily increasing and now exceeds neighbouring India’s. Such impressive economic growth has been accompanied by the increased number of vehicles on the roads. With economic prosperity and activities, the movement of people has increased manifold, and to facilitate their movements, there has been an uptick in the number of transport services and investment in road infrastructures. This article will discuss the impact on road vehicles due to economic developments in Bangladesh by running a Kuznets Curve Analysis.As of June 2020, the number of road vehicles registered under the Bangladesh Road Transport Authority (BRTA) stood at 4,471,625. According to the Bangladesh Bureau of Statistics, the average growth was 7.5 per cent from 2010 to 2020, encompassing all types of vehicles, from bikes to buses. A correlation exists between the increase in vehicles and the country’s per capita income, as the per capita income has also been rising with a year-on-year rate of 9 per cent in the fiscal year of 2021-2022, at US$ 2824. While buses and ‘auto tempoes’ (three-wheelers) are the key means of public transportation, micro buses, private passenger cars, motorcycles, and taxi cabs are considered private transports. Under this consideration, the number of public road transport vehicles is 101,687, and that of privately owned road transport vehicles 476,415, according to BRTA. TRANSPORT KUZNETS CURVE: Kuznets curve expresses a hypothesised relation among industrialised nations experiencing a rise and subsequent decline in income inequality. American economist and Nobel laureate Simon Kuznets first proposed the Kuznets curve in the middle of the 1950s. The relationship between inequality and per capita income in an economy is represented by an ‘inverted U’ in the Kuznet curve. In other words, growth in a weak economy would inevitably lead to greater income inequality. To establish a Kuznets curve analysis for public transport, the number of public vehicles from 2011 to 2019 is on the horizontal axis, and data on per capita income is on the vertical axis for the same period. In addition, the same is true for the one analysing private transports by taking the number of privately owned vehicles from 2011 to 2019 on the horizontal axis and data of the per capita income on the vertical axis. The vehicle data are provided by the Bangladesh Road Transport Authority (BRTA) Website. However, the data from 2020 is not taken because it is not representative of the typical trend due to the pandemic.In Figure 1, public transport formed a rough Kuznets curve along the per capita income until 2018. Still, the number increased slightly in 2019, emphasising government investment in the sector. However, in Figure 2, there is a different scenario. Private vehicles failed to establish a Kuznets curve along the per capita income. Over the years, the number of private vehicles tended to rise as the per capita income rose in the country and eventually plateaued in 2018 and 2019. So, even though public vehicles and per capita income form a Kuznets curve, it’s not the case for private vehicles.WHAT THE FINDINGS TELL US: The per capita income (as imperfect as it may be) gives a glimpse of the economic prosperity of the people in the country. With the increase in per capita income and economic development, there was initially an upward trend in the number of public vehicles on the roads. Still, with further economic prosperity, the number fell. The reason why it fell is reflected in Figure 2. As income increases, people tend to spend that money on luxuries; in this case, it is private transportation. That is the key reason why the number of private vehicles is increasing. Moreover, another reason for the upward trend in the number of private vehicles is that the country’s public transportation condition is substantially poor from a global standpoint. Traveling in public transportation is time-consuming and largely inconvenient due to delays. This remains a key reason why many commuters consider private transport a substitute for public ones, especially bikes. In recent times, there has been a substantial increase in bike sales; bikes are substituted for public transport. People can expect to see this upward trend in private vehicles in the future if the public transport sector is underfunded and lacks reform.The Kuznets analysis gives us a glimpse of comparing public and private transportation. This helps to understand the economics of transportation and how it influences people’s decisions in availing private and public transportation, as the findings expound on the rationale of people substituting public transport by private ones.
Syed Sabiq Ashraf and Nafisa Mesbah are students, Department of Economics and Social Science, Brac [email protected]@g.bracu.ac.bd
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By Dina Weinstein
In a typical day, Angel Glenn, a 22-year-old certified medical assistant in the VCU Health neurology department, makes sure patients get their medication refills and forms sent to the correct doctor. Her duties also include checking over patients’ referrals – ensuring they are processed correctly – and scheduling medical visits.
Glenn always knew she would work in the medical field and took numerous science classes at Huguenot High School in Richmond. She thought she would then go to community college to become an EMT. While she knew there are a lot of jobs in the medical field, she didn’t know exactly which direction to go.
When she heard a presentation at her high school about the Pathways to Healthcare Workforce program at VCU Health, she applied to start working and earning a salary immediately.
Glenn was hired in the health system’s department of patient transportation. The program supported her through the job application process, providing training sessions focused on creating professional resumes and nailing job interviews.
“I learned a lot of new things, even in transport,” Glenn said. “It’s an entry-level job, I still learned so many things procedure-wise. We would take patients to dialysis and endoscopy. I learned what those different departments and different nurses do.”
When Glenn wanted to take the leap and apply for a job as a certified medical assistant, the Pathways to Healthcare Workforce program helped her access financial assistance through the department’s partnership with the Community College Workforce Alliance (CCWA) to pay for classes to master the needed skills to complete the program and certification exam.
“I had a lot of support,” Glenn said. “The leadership was very helpful. Everybody was very friendly and nice. They would help you or get the resources you needed.”
Glenn is just one of 282 young adults who have gone through one of the two VCU Health Pathways programs that help participants transition into entry-level positions, such as administrative assistant, patient transport tech, dietary aide, certified medical assistant, and patient access representative, to name a few. Pathways to Healthcare Workforce aids high school students transition into these roles, while Pathways Connect works with adults. The programs partner with Virginia Community Colleges and CCWA to train and prepare adult participants for positions that require professional certifications, credentials and associates degrees.
After joining the VCU Health Pathways to Healthcare Workforce program, Angel Glenn was able to start working and receive training for entry-level positions within the health system. (VCU Enterprise Marketing and Communications)
Growing and supporting a new health care workforce
The VCU Health Pathways programs aim to bridge the gaps for communities that are often underrepresented in health care, helping many to find employment within the health system as well as opportunities to access higher education and training. The programs also implement strategies and build partnerships to improve the health of patients, including nonmedical factors such as transportation and food access.
Porsha Bennett is the manager of VCU Health’s Workforce Development & Strategies department, which oversees these workforce development programs. The department is under the Division of Community Health led by Sheryl Garland, chief of health impact officer. The programs launched in 2018 by the former director Harrison Hayes.
Bennett says Glenn and her colleagues in the program have excelled in their roles at the health system.
“I’m just really proud of them,” Bennett said. “You can tell that they’re proud of what they’ve accomplished. They are hard workers.”
Bennett volunteered and worked as a patient transport tech at VCU Health while earning a bachelor’s degree in community health education. She graduated in May from the Virginia Commonwealth University College of Health Professions with a master’s in health administration. As the first in her family to graduate from a four-year institution, she is passionate about workforce development because she experienced a similar employment journey to those she now serves.
“We mentor and provide career coaching to support program participants. This includes transitioning into a professional environment.” Bennett said. “In many cases high school graduates may face challenges adjusting to full-time work expectations. In addition, we work closely with hiring managers and human resources to ensure successful employment and retention.”
Participants of the Pathways to Healthcare Workforce program also attend workshops on goal setting, mock-interviews, conflict resolution, work readiness and financial literacy.
As part of its partnership with the CCWA, over the past 2 years, 94 medical assistants have been placed throughout VCU Health. Twenty-three current team members completed the medical assistant program and have continued to have career advancement opportunities in various fields.
“Because of a medical assistant shortage, we created a medical assistant pipeline program with CCWA. We recruit students after program completion. We then help participants to seek employment, as a medical assistant primarily in our outpatient clinics,” Bennett said.
Building more pathways
VCU Health Pathways has received additional support from two recent grants, which will expand its impact in the community. A recent $74,000 grant from the Truist bank supports the partnership with CCWA. Another $1 million pending grant from the U.S. Department of Labor aims to strengthen the program’s relationships in the Richmond region as well as expand and create more pipeline programs for communities served by VCU Health Tappahannock Hospital and VCU Health Community Memorial Hospital in South Hill.
As the vision for this specialized health care workforce training initiative continues to grow, so does Glenn’s vision of her future.
Even after securing her role as a certified medical assistant, Glenn continues to expand her knowledge by learning about neurological conditions such as the signs of stroke and specific issues encountered by epilepsy patients. Five years from now, she plans to be on the path to pursue nursing.
“I think I want to become a licensed practical nurse (LPN), and then I’m not sure if I want to jump straight in. Slow is better than rushing, especially right now with trying to maintain a full-time job and going to school,” Glenn said. “It’s definitely possible, you just have to move some stuff around and slowly get there.”
Learn more about the Pathways to Healthcare Workforce program
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by Paul Oliva, The Lexington Times LEXINGTON, KY — As the curtain falls on a pandemic-era federal rental assistance program, a grim forecast looms over Lexington, with advocates warning of a potential surge in homelessness, particularly among children. This concern follows the cessation of a lifeline that has supported numerous families during the economic turbulence of the COVID-19 pandemic. Lexington’s Housing Stabilization Program, part of the federal government’s emergency response to the pandemic, has been a crucial support for those struggling with rent and utility bills. Since February 2021, the program has paid $53 million in past-due rental payments. Its conclusion marks a turning point for many, including the 627 students in Fayette County Public Schools (FCPS) considered displaced or homeless. T.C. Johnson, the McKinney-Vento program manager at FCPS, recently told WKYT she anticipates a significant increase in the number of homeless students, particularly as the winter months approach. This projection aligns with other advocates’ observations. A call for action, awareness Davita Gatewood is a single mother and housing advocate facing her own housing crisis. In a phone interview, she voiced her frustration and fear for Lexington’s most vulnerable. Her concern is not just for her family but echoes the predicament of numerous others in the community. The necessity for heightened awareness and action is at the forefront of Gatewood’s message. She stressed the need for informing those in peril about the Housing Stabilization Program’s termination and guiding them toward alternative resources. Community Action Council and Community & Resident Services are among the few avenues still available, but with the federal safety net gone, they are bracing for a surge in demand. In a candid expression of the challenges ahead, Gatewood underscored the daunting task of securing rental assistance in the current landscape. “That’s going to be difficult to find,… Continue Reading
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