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 […]
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 […]
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 […]
NEW YORK — The number of Americans filing for their first week of unemployment benefits jumped sharply last week, two weeks after hitting a 2-1/2 year low below 400,000. There were 445,000 initial jobless claims filed in the week ended Jan. 8, the Labor Department said in a weekly report Thursday. That’s up 35,000 from […]
Washington — 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 […]
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.
VIA CNN MONEY: The number of Americans filing for unemployment insurance for the first time jumped for the second week in a row, according to government data released Thursday. There were 484,000 initial jobless claims filed in the week ended April 10, up 24,000 from an unrevised 460,000 the previous week, according to the Labor […]
VIA USA TODAY: The unemployment rate remains at 9.7 %, though employers added 162,000 jobs in March, the Labor Department just reported. The news comes as Treasury Secretary Timothy Geithner says the economy is recovering, but it will take many months to dig out from the recent financial crisis. The unemployment rate will “stay unacceptably […]
