Black Unemployment Tag Archive

Dr King’s Dream — A reality Check Fifty Years Later

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The country is celebrating the 50th anniversary of Dr King's speech and the second inauguration of of a Black President. However, for the vast majority of African-Americans, Dr. King's dream is still far from a reality....

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Support Minority Businesses to Increase Jobs for Blacks and Latinos

The President and Congress are struggling to find ways to reduce the large number of unemployed workers, especially among African-Americans, and to a lesser extent, Latinos. The solution is easy - provide greater...

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Time to Confront Black Unemployment

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Last month, the economy created a large number of jobs, but black unemployment increased from 13.4% to 14.3%. With the presidential election over, it is time now to address the crushing burden of unemployment among...

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Major Economic Indicators Steady for the Week

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The economy continued to grind along slowly and did not show any signs of moving away from its current growth path of 1.5%, neither in an upward nor downward direction. Things not expected to change soon....

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July Employment Report: Do Not Expect Change

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The Jobs report for July will be released Friday. The economy turned a bit more negative in July. We expect 100,000 jobs, the unemployment rate to remain the same at 8.2% and the black unemployment to increase....

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Weekly Economic Summary: Growth Is Slowing

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For the week of June 4, 2012 a summary of key indicators shows that the economy is weakening. The pace of the weaknesses very slow, but it is rather broad. The question is whether it is temporary....

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May Employment Report: Good, not so Good and Bad!

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The unemployment rate declined from 8.2% in March to 8.1% in April, but this was mainly caused by a decline in the civilian labor force of 342,000 workers. Otherwise, unemployment may have increased....

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Inequality in America: Wealth, Jobs and Race

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Inequality for blacks and Latinos has worsened over time. Whether measured by wealth, income or jobs, the picture is dismal. Blacks and Latinos make up 27% of the workforce and 40% of all unemployed workers....

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Black Business Hiring can Reduce Black Unemployment

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To reduce the high rate of black unemployment the government should provide more support to black-owned businesses because two out of every three workers employed in those businesses are black. ...

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For Unemployed Blacks, Growth is not Enough!

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The burden of unemployment falls heaviest upon blacks and unfortunately, economic growth in important but is not sufficient. Even when US GDP grew at 6.7%, the unemployment rate for blacks averaged 10.6%....

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