Posts Tagged with recession

Posted by

Newsone

Nov 30, 2011 at 9:15 am

Newsone

News

 

African Americans Hit Hardest As Government Sheds Jobs

African Americans Hit Hardest As Government Sheds Jobs

While America’s economic downturn has been devastating to the middle class as a whole, middle-class African-American government workers have suffered disproportionately in terms of layoffs and unemployment.

See also: First Black American Billionaire, Proposes Plan To Reduce Black Unemployment

About one in five black workers have public-sector jobs, and according to economists and recent government data, tens of thousand of middle-class African-American government workers,  have been laid off since the recession ended in June

Read More

Posted by

Newsone

Nov 29, 2011 at 12:07 am

Newsone

News

 

Public Sector Layoffs Erasing Black Middle Class

Public Sector Layoffs Erasing Black Middle Class

As the sluggish American economy continues to limp forward, many Black Americans from the public sector are getting pink slips. These layoffs are eroding much of what is left of the Black middle class.  A recent article in The New York Times says:

“Jobless rates among blacks have consistently been about double those of whites. In October, the black unemployment rate was 15.1 percent, compared with 8 percent for whites. Last

Read More

Posted by

Cortney Hicks

Nov 17, 2010 at 10:00 am

Cortney Hicks

On Air Schedule

M-Sa 10:00a - 3:00p

Lifestyle

 

Is The Recession Ruining Your Relationships?

Is The Recession Ruining Your Relationships?

Is the recession really to blame for ruined relationships or are people just too stressed to keep up appearances?

Read More

Posted by

My Majic

Mar 10, 2010 at 12:20 pm

My Majic

On Air Schedule

M,W-Sa 12:00a - 6:00a
Sa 8:00a - 10:00a
Sa 7:00p - 12:00a

News & Gossip

 

REPORT: Median Wealth For Single Black Women Is $5

REPORT: Median Wealth For Single Black Women Is $5

In a groundbreaking report released Monday by a leading economic research group, social scientists turned a spotlight on the financial challenges facing an often overlooked group of women, many of whom could not take an unpaid sick day or repair a major appliance without going into debt.

Read More

Posted by

My Majic

Oct 19, 2009 at 9:00 am

My Majic

On Air Schedule

M,W-Sa 12:00a - 6:00a
Sa 8:00a - 10:00a
Sa 7:00p - 12:00a

DC

 

Recession Retail On The Rebound In DC Area

Recession Retail On The Rebound In DC Area

After the recession led many to cut back on their personal shopping, a number are itching to spend again and heading straight to the stores.

Read More

Posted by

My Majic

Sep 8, 2009 at 8:00 am

My Majic

On Air Schedule

M,W-Sa 12:00a - 6:00a
Sa 8:00a - 10:00a
Sa 7:00p - 12:00a

DC

 

More Dads Decide To Stay At Home

More Dads Decide To Stay At Home

The recession and loss of employment has led many men to stay at home to tend to the kids while their wives go to work.

Read More

Posted by

Cortney Hicks

Apr 16, 2009 at 9:15 am

Cortney Hicks

On Air Schedule

M-Sa 10:00a - 3:00p

Lifestyle

 

How To: Find Part-Time Work

How To: Find Part-Time Work

Let’s face it, most of us are barely getting by on what we bring home at the end of the week. For those of us who are fortunate enough to still have a job, the paycheck is just not cutting it and some of us need to find extra work to make ends meet.

Here are some tips on how to find part-time work even if you’re still employed:

Before you start searching

Read More