WASHINGTON — A new report released by the Labor Department shows that Black unemployment has dropped from 16.0 percent to 15.1 percent in the month of October. Both of those rates are down from a 27 year high of 16.7 percent in August. The drop is an encouraging sign and understandable considering the economy added 80,000 […]
Robert Johnson, the founder and former CEO of BET and America’s first black billionaire, has proposed his own plan to reduce Black unemployment. Johnson is pushing America’s biggest companies to significantly increase their efforts in hiring a more diverse pool of qualified candidates. The planned dubbed “RLJ Rule,” calls on Fortune 1000 companies to consider […]
As Black unemployment rises across the nation reaching numbers that more than double the percentage of unemployed whites, there are several major cities where Black unemployment is rising the fastest. In Dallas, Detroit and even San Francisco economists say a combination of factors including a younger workforce and fewer numbers of college-educated candidates has placed […]
BET founder Robert L. Johnson suggests that an answer to Black unemployment would be a requirement for all corporations to consider a Black prospect for all head positions. Johnson’s suggestion was inspired by the NFL’s so-called “Rooney Rule,” a rule that requires teams to interview minority candidates for head coaching and senior operations positions. “The […]
WASHINGTON (AP) — Even if Congress heeds President Barack Obama’s demands to “pass this bill right away” and enacts his jobs and tax plan in its entirety, the unemployment rate probably still would hover in nosebleed territory for at least three more years. Why? Because the 1.9 million new jobs the White House says the […]
With Black unemployment approaching 17 percent in the country — the highest in 27 years — the Congressional Black Caucus’ forum this week will surely focus on this issue. In a series of town hall meetings and discussions, several members will talk about the unemployment problem and how to attack it. The CBC conference comes […]
The Bureau of Labor Statistics has released its most recent unemployment data. We knew that Black folks (especially men) would be at the bottom, we just didn’t know how bad. Well, it turns out that the numbers exceed even the most pessimistic predictions. Black unemployment shot up like a rocket during the month of August, […]
Despite a slumping economy, states like North Dakota seem to be doing fairly well. With an unemployment rate slightly over 3 percent and the highest job growth in the nation, some say North Dakota and its neighboring states (Montana, South Dakota and Minnesota), are the best options for African-Americans looking to find work. But with unemployment as […]
President Obama said during a Tuesday radio show that hiring discrimination against the jobless “makes absolutely no sense” and that he supports legislation to ban the practice. Sybil Wilkes, a co-host of the “Tom Joyner Morning Show,” asked the president about long-term unemployment and businesses that tell applicants, “If you’re unemployed, we don’t want to […]
While the recession hit black men harder than any other group, the economic recovery has shifted that impact to their female counterparts, according to a recent report by the National Women’s Law Center, which shows that black women have lately seen their unemployment rate rise even as other populations—including black men—have finally begun to regain […]
Illinois Governor Pat Quinn has approved a bill creating a commission aimed at researching disparities in the African-American community. The commission will study social and economic issues including health services, employment and education. “We know that disparities exist within the African-American community, preventing some from achieving their full potential,” Quinn said in a statement. “In […]
Nearly 4,000 job seekers attended a Congressional Black Caucus job fair held at Cleveland State University Monday, TheRoot.com reports. The Congressional Black Caucus (CBC) launched a “For the People” Jobs Initiative in response to alarmingly high unemployment rates in Black America. VIDEO: Rep. Marcia Fudge (D-Ohio) hosted the fair, and afterward, she and other members […]
