Unemployment

COVID, Narrowing Black-White Unemployment but Widening Deaths

COVID-19 is a strange bedfellow. When it comes to black to white unemployment, it is narrowing the gap. But when it comes to black-white death, it is in overdrive. Today’s Labor Department report showed 3 million...

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Small Business is Key to a Vigorous Recovery

Everyday there are stories about the unfairness small businesses encounter in pursuing access to COVID-19 economic rescue dollars. Under the guise of supporting small businesses, the government has given loans and...

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GDP declines 4.8% while US COVID Strategy is a Hope, not a Plan

The Bureau of Economic Analysis just released the initial estimate of economic activity for the first quarter of 2020. The gross domestic product or GDP reflects the total value of the economic activity that occurred in...

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Economic Situation after COVID: 100 Black Men of America Webinar

Comments presented to the 100 Black Men of America Economic Empowerment Town Hall Webinar. By economist Dr. Danny Boston, 4/23/20. First, I trust everyone is well, and I sincerely hope you, your family, and loved ones...

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May 2020 Unemployment Outlook is Gloomy for Economy and Blacks

The country will be fortunate if it can escape having 15% unemployment and 20% Black unemployment when the Labor Department releases the Jobs Report on the first Friday of May. While there are some nuances, the math is...

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Chaos in Washington moving Economy toward Tipping Point

How long does it take for economic and political chaos to unravel market confidence? No one knows for certain. But it is a sure bet that the US is headed down that road. The combination of destructive hurricanes, an...

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To Close the Employment Gap We Must Develop Minority Firms of All Sizes

The 2014 Census Bureau’s Annual Survey of Employers (ASE) provides valuable insights on the progress of minority-owned employer-based companies. It showed that minorities owned 18.4% of all employer based businesses....

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Youth Unemployment – Africa’s Number One Development Challenge

EuQuant’s CEO, Dr. Boston recently spoke at a leadership workshop that included senior political party members of six Southern African Nations. The May 2017 conference included members of incumbent and opposition...

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Black Firms Lag in Capacity Growth

Over the last quarter century, the number of Black-owned businesses has grown at a record pace – nearly four times the rate of white-owned businesses. During the last decade, the gap in revenue and employment...

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The Rising Economy Tide is Lifting all Boats, Except Black Businesses

Most key economic indicators are positive. Although the Labor Department’s January Jobs Report did not show stellar job growth during the month of December, the economy nevertheless produced 156,000 new jobs and wages...

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