The Obama administration on Thursday highlighted initiatives in housing, education, the workforce and health care designed to help foster a better economic environment for African Americans as the nation continues to emerge from the financial recession.
The recession seemed to affect African Americans more than any other group, and we are still seeing it in our unemployment rates. What can we…
The Motor City is financially strapped, trying to dig out of a $265 million deficit and saddled with more than $12 billion in long-term debt.   In…
A new study reveals that Hispanics and not African-Americans have been hit the hardest during the recession. The study, released by the Pew Foundation with data collected from the Census Bureau, indicates that Hispanics have had the largest wealth decline of any group since the country went into a recession. Hispanics households median wealth declined […]
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.
The US recession lasted 18 months and was the most prolonged since World War II, a report has concluded.
VIA WASHINGTON POST: Aba Kwawu vowed she’d buy only one or two classic pieces for work that would last her for years. So what was she doing recently at the cash register of a Washington boutique, credit card in hand, agonizing over whether to buy a flashy designer purse with faux snake trim? “I don’t […]
VIA WJLA: More and more fathers are changing their job titles these days: they’re now known as Mister Mom. That’s because the recession has eliminated many male-dominated jobs, like construction and manufacturing. Rob Dalton has a job different from any he’s had before. “And I show up at the school up there, all the mothers […]
