In light of the surging wealth disparity and unemployment rate, among other socio-economic issues plaguing the country, Rev. Al Sharpton wrote a column in the Huffington Post, urging Americans —African-Americans in particular — to take more action in challenging the government. In the column, Sharpton encourages African-Americans to address their issues at the National Action […]
A recent review of job vacancy postings on sites like Monster.com, CareerBuilder, and Craigslist revealed that hundreds of employers said that they consider, or strongly prefer, people currently employed or recently laid off. This places the 14 million unemployed American in a very dire condition. Unemployment is already scathing the country, and now it could […]
According to an extensive study conducted by Pew Research, women are most scathed by the rising unemployment. Within the pass two years men, who were once considered most effected by unemployment, have gained 768,000 jobs, while women have lost 218, 000. The Huffington Post Reports: In 15 out of 16 economic sectors, men have done […]
CHICAGO — Former president Bill Clinton hosted a two-day job summit in Chicago to seek new, innovative ways to help grow the economy. The Clinton Global Initiative America Jobs Summit’s goal is to share the best ideas and brainstorm new ones, so that individuals, cities, states, and companies can help grow the economy, despite strains […]
NORTH CAROLINA — According a new study by the College Board’s Advocacy & Policy Center, young Black and Hispanic men are heading down a socially downward spiral. The study found that 51 percent of Hispanic males and 45 percent of African American males ages 15-24 will end up unemployed, incarcerated or dead. ABC News Channel […]
WASHINGTON — After much setback in passing legislative measures to mitigate the unemployment rate among African-Americans, the Congressional Black Caucus will embark on a tour through distressed cities to lead a host of job fairs and town hall meetings. The tour is scheduled to commence this summer in Chicago, and will visit cities including Detroit, […]
While President Obama recently said in a speech that he doesn’t fear a double-dip recession, the same doesn’t hold true for the American public. In a new CNN poll, 48 percent of Americans not only fear a double-dip recession, but the second Great Depression. It is the highest percentage of respondents that have stated that […]
A recent article on the New York Times is about the way in which college graduates are facing greater and greater difficulty in finding employment after leaving school. The New York Times reports: Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can […]
For decades, many African Americans grew accustomed to a middle class lifestyle in their homes across the country. Lives that were built through hard work; climbing up the corporate ladder from entry level positions to the corner offices. But with foreclosures and the continuing recession, many African-Americans find themselves in dire straits. Close to 15.5 […]
The tax bill that extends the Bush tax cuts and slashes the estate tax while extending unemployment benefits has passed the House House by a vote of 277-148 and is heading for the President to sign, according to The Huffington Post RELATED STORIES Attacks From Right Take Toll On Obama’s Tax Plan CBC ‘Overwhelmingly Opposed’ […]
President Obama said Wednesday that Congress should reauthorize extended unemployment insurance for the long-term jobless.
Well, it appears that some of the nation’s leading economists have proclaimed that the recession is over. Of course, these were the best and brightest who failed to warn us of the Great Recession in the first place, but I don’t want to sidetrack you with trivialities.
