White House spokesman Jay Carney defended President Obama Tuesday against criticism from prominent Black leaders who have said Obama is ignorning the Black community while reaching out to white independents. According to Carney, the issue is not one of race. The president is helping Black people by working to boost the struggling economy and helping […]
Every successful financial plan needs to have clean credit and a high FICO score. If we are to see more home and business ownership having good credit is the first step towards accomplishing this goal. Too many times I have personally seen many opportunities missed because we have not taken the time to “clean” our […]
While the recession hit black men harder than any other group, the economic recovery has shifted that impact to their female counterparts, according to a recent report by the National Women’s Law Center, which shows that black women have lately seen their unemployment rate rise even as other populations—including black men—have finally begun to regain […]
Illinois Governor Pat Quinn has approved a bill creating a commission aimed at researching disparities in the African-American community. The commission will study social and economic issues including health services, employment and education. “We know that disparities exist within the African-American community, preventing some from achieving their full potential,” Quinn said in a statement. “In […]
Nearly 4,000 job seekers attended a Congressional Black Caucus job fair held at Cleveland State University Monday, TheRoot.com reports. The Congressional Black Caucus (CBC) launched a “For the People” Jobs Initiative in response to alarmingly high unemployment rates in Black America. VIDEO: Rep. Marcia Fudge (D-Ohio) hosted the fair, and afterward, she and other members […]
As the most recent data demonstrates scant growth in the nation’s employment rate, lawmakers on Capitol Hill appear to be abruptly shifting their discussions regarding raising the nation’s debt ceiling back to a chief concern of many Americans: unemployment. But leaders in the nation’s capital – a place where unemployment nears 25 percent in some […]
The Congressional Black Caucus (CBC) launched a “For the People” Jobs Initiative Monday, including nationwide job fairs and town hall meetings in response to alarmingly high unemployment rates in Black America. A job fair and town hall at Cleveland State University in Ohio will be the first part of the CBC’s iniative. TheGrio.com reports: “Recently, […]
Unemployment reaches record levels, the housing market is slow, and real wages haven’t increased in far too long. Many are finding themselves discouraged and losing and faith for a better financial tomorrow. However, an increased level of faith will allow all of our financial dreams and goals to come to fruition despite this recession. There […]
The recent release of data from the Bureau of Labor Statistics indicates that Black unemployment declined during the month of July. It had reached 16.2 percent and dropped over the course of the month to 15.9 percent. While the number is an improvement, it is still nearly double that of white Americans. Black women were […]
With Black unemployment at 16.2 percent and no solution on the horizon, the Congressional Black Caucus, who have been vocal about the lack of unemployment programs aimed at African Americans, are launching their own cross-country job fair beginning next week. The CBC will hold job fairs, town hall meetings, job readiness programs, and seminars next […]
With the rise of Black mayors in the nation — more than 500 to be exact —more provisions could be made to decrease the rate of Black unemployment. The unemployment rate among African-Americans is currently 16.2 percent, as opposed to the national rate of 9.1 percent. BET.com Reports: The Black unemployment problem remains the cause […]
One of the many cities overlooked when you think about Black unemployment is Milwaukee. While the national African-American unemployment rate sits over 16 percent, 34 percent of Black men in Milwaukee are unemployed. The main reason for this high rate amongst Black men is the loss of jobs in the manufacturing sector. Close to 56,000 […]
