NEW ORLEANS — As the latest figures shows Black unemployment climbing to 16%, Republican presidential hopeful Rep. Michele Bachmann (R.-Minn.) claims that the Obama administration has failed African Americans. Bachmann pointed to the figures at the recent Republican Leadership Conference held in New Orleans last weekend. “This president has failed the Hispanic community. He has […]
NewsOne’s contributing blogger Dr. Boyce Watkins recently wrote a story revealing that 38.3 percent of African Americans say they’ve lost their job at some point in the last three years. The survey, conducted by YourBlackWorld.com, showed that although 16 percent of those surveyed were able to find another job, 88 percent say they were unable […]
The jobless rate is a topic that is not only weighing on the minds of many African-Americans, but with Black scholars and politicians across the country too. But despite the fact that the jobless rate is something affecting all, many Blacks have to deal with discriminatory hiring practices as well. With this as an issue, […]
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 […]
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.