White Americans Have 22 Times More Wealth Than Blacks
White Americans have 22 times more wealth than blacks — a gap that nearly doubled during the Great Recession. The median household net worth for whites was $110,729 in 2010, versus $4,995 for blacks,...
View ArticleDegree No Guarantee: As Black Unemployment Rises, So Does Black Self-Employment
While a degree certainly provides graduates with an edge in the job market, unemployment statistics have repeatedly shown that one’s race plays a role in securing employment. As of March 2012, African...
View ArticleHuge Wage Gap Between Blacks and Whites Threatens to Tear South Africa Apart
Income inequality is threatening to tear apart the fragile democracy that South Africa has been living under for the past 18 years, as the gap between the income of blacks and whites continues to be...
View ArticleBlack Unemployment Still Twice That of Whites
In the quarter-century that Armentha Cruise has run her Silver Spring staffing firm, the nation has made strides toward racial equality. Voters have twice elected a black president, African Americans...
View ArticleBlack Businesses Hire Black People for Two Out of Every Three Jobs
One of the most effective strategies for reducing black unemployment is to support black-owned businesses. This is because two out of every three workers employed in those businesses are black. In...
View ArticleMr. President, What’s Your Plan to Reduce Black Unemployment?
Between now and the inauguration on Jan. 21, The Root will be taking a daily look at the president’s record on a number of policy issues, including his first-term accomplishments and what many...
View ArticleBlack Unemployment Nearly Doubles National Rate in February
America’s unemployment rate dropped to 7.7 percent in February, the lowest mark in four years. Some 236,000 jobs were created during the month, according a report from the Labor Department Friday....
View ArticleBET Founder to Bill O’Reilly: Obama Getting a Pass From Blacks
Last week, Black Entertainment Television Founder Robert Johnson commented on the high black unemployment rate in the United States, remarking that the nation would never tolerate a white unemployment...
View ArticleAs Unemployment Drops to Lowest in 4 Years, Blacks Still Lag Behind
In one of the best monthly economic report in years, unemployment in April dropped to 7.5 percent, a four-year low, as the U.S. economy added 165,000 jobs. But among African-Americans, the positive...
View ArticleObama Traveling to Austin to Push Jobs Agenda
Though there are signs that the economy is on the uptick, President Obama is keeping pressure on Congress to pass a jobs bill, traveling to Austin, Texas, this week as part of a new jobs tour to bring...
View ArticleBusinesses Add 166K Jobs in September as Unemployment Claims Rise
As the U.S. government shutdown and the looming showdown over the debt ceiling threaten to derail the fledgling recovery, a report released today showed a slight increase in the number of people...
View ArticleUnemployment Rate Falls Slightly, But Economists Fear US Job Market Weakening
Though the unemployment rate fell slightly in January, economists are still troubled that only 113,000 jobs were added last month, prompting the usual fears that the job market is not chugging along at...
View ArticleEmployers Often Assume Black Job Seekers Use Illegal Drugs, Study Finds
More than any other group, Black job applicants are being turned away by U.S. companies under the implicit assumption that they are using illegal drugs, according to a new study published by the...
View ArticleBlack Unemployment Rate Dips Slightly to 11.5% as Overall US Rate Holds Steady
While the national unemployment rate held steady in May at 6.3 percent, there was slight movement in the Black jobless rate, which dropped to 11.5 percent from 11.6 percent in April. Based on Labor...
View Article10 Shocking Graphs That Prove Black People Have Made Little Progress in America
Net Wealth by Race The above chart, which was created by Matt Bruenig of Demos using 2010 data, breaks down wealth in the U.S. by race. The chart indicates that while white Americans make up only 64...
View ArticleU.S. Economy Adds Disappointing 142,000 Jobs in August
With the news that the U.S. economy added just 142,000 jobs in August, which is quite a bit less than in the last few months, many economists took a positive approach and encouraged observers to take a...
View ArticleGood News: 248K Jobs Added in September, With Unemployment Dropping Even for...
After disappointing jobs numbers in August that had the nation’s economists worried, last month signaled a return to a healthy economic outlook as the nation added 248,000 jobs in September, dropping...
View ArticleAs Americans Endure Job Cuts and Stagnating Wages, the National Mood Will...
As the national economy continues to zoom along, with all reports and indicators showing robust job growth and low unemployment numbers, a new analysis came out this week explaining how all these...
View ArticleYou Will Completely Change Your Perception of a Homeless Black Person After...
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View ArticleUnemployment May Be Low Right Now, But This Man’s Explanation Of The Black...
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View ArticleReport: Young African-Americans Face An Unemployment Crisis That Links...
The current unemployment crisis among young African-Americans can be traced back to government policies that were instituted when this generation was in elementary school, according to a report by...
View ArticleMajor Corporations Using Employer Credit Checks to Disguise Racist Hiring...
As consumer protection advocates search for solutions to credit bureau practices that are hurting consumers, one practice that needs to be placed under a spotlight is how employers are still allowed to...
View ArticleThis Video Makes a Compelling Case on Why Criminal Records and Background...
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View ArticleThe Push For Fingerprinting Job Applicants Blatantly Ignores Racial...
A string of alleged assaults by Uber drivers has reignited an age-old conversation about whether or not background checks are sufficient enough to keep consumers safe from potentially dangerous...
View ArticleTo Win The White House, Hillary Clinton Will Need to Focus on Black Jobs and...
While most pundits will look to the past to determine whether Hillary Clinton will get enough Black support to sweep her into the White House next year, now that she has officially announced her...
View ArticleBlack Unemployment Rate Falls to the Single Digits, but Experts Warn That...
For the first time since the U.S. started its climb to economic recovery, the Black unemployment rate has fallen to the single digits. On the surface, it seems like a reason to celebrate and hope that...
View ArticlePresidential Candidate Sen. Bernie Sanders Says Civil Unrest Linked to Black...
Sen. Bernie Sanders. (Wikipedia) Presidential candidate Sen. Bernie Sanders says there is a direct link between Black unemployment and civil unrest. In an interview with The Nation, Sanders said, “How...
View ArticleFor the First Time, Number of Black Children in Poverty Overtakes Number of...
The good news is the U.S. poverty rate has fallen slightly in recent years. The bad news is that poverty remains high, particularly for Black children, and now for the first time there are more Black...
View ArticleBlack Unemployment Rate Remains More Than Double Whites While National Number...
The proof is in the numbers. According to a recent report from the Bureau of Labor Statistics, the national unemployment rate fell to 5.3 percent. Economists and policymakers eagerly discussed how...
View ArticleFifty Years After Daniel Patrick Moynihan’s ‘The Negro Family,’ Black Mass...
via vocativ.com Fifty years ago, the late-Senator Daniel Patrick Moynihan’s report, “The Negro Family,” helped pave the way for America’s mass incarceration boom, resulting in a nation with the world’s...
View ArticleWashington D.C., Leads the Nation in Black Unemployment, as Systemic...
A new study indicates that Black unemployment remains high across the nation, with Washington, D.C. having the highest rate of joblessness among African-Americans nationwide. Examining a...
View ArticleThe Murder of Tyshawn Lee In Chicago Points To A Larger Question: When Will...
Tyshawn Lee The question must be asked: To what lengths are Black folks willing to go in order to extricate themselves from white supremacy? It is a question that is raised when reading an article by...
View ArticleCan the Growing Number of African American Businesses Solve the Unemployment...
President Obama has been accused by both Blacks and whites, Democrats and Republicans, of not doing enough for the African-American community. But newly released data from the U.S. Census Bureau...
View Article‘Race Penalty’: Economic Policy Institute Study Finds Unemployment Among...
A new study on the subject of Black vs. white unemployment is not a new story, reflecting what we have known for years– Black unemployment is double that of the white rate, regardless of levels of...
View ArticleThe Potentially Devastating Effects of Raising the Minimum Wage for...
New York as well as many other states are raising the minimum wage, even as the validity of doing so is being debated by economist. While there may be a number of benefits that will come from the hike...
View ArticleBlack Community Leaders in Minnesota Put Forth $100M Plan for Business,...
Minnesota’s Black leaders went to the state capitol last week to seek $100 million in government funds to create a capital fund for Black-owned business start-ups. Wednesday, Black organizations...
View ArticleBlacks Need a College Degree Just to Compete With White High School Graduates
At a time when African-American young people are far more likely than their white peers to be unemployed, working part-time and earning a lower wage, a new study reveals that Black students need to...
View ArticleDespite Claims to the Contrary by Trump and the Media, Its Blacks Who Are...
The June economic report from the U.S. Department of Labor bodes well for African-Americans. According to the department’s Bureau of Labor Statistics, the Black unemployment rate in May was 7.4...
View ArticleTrump ‘So Happy’ Black Unemployment Is at Record Low, Says Democrats ‘Did...
President Donald Trump was prematurely given credit for creating 594,000 new jobs early last year. (AP Photo/Manuel Balce Ceneta) President Donald Trump took to Twitter this weekend to gush over news...
View Article15-Year-Old Trump Supporter Has Some Harsh Words for Jay-Z: ‘You Don’t Speak...
#JayZ, you don’t know a thing about @realDonaldTrump and you don’t speak for black people. @realDonaldTrump has brought about the lowest black unemployment rate in history. What have you done? #MAGA...
View ArticleTrump Blames ‘Fake News’ For Feeding Him Lies About Black Unemployment Rate:...
President Donald Trump on Tuesday admitted to falsely claiming a few weeks ago that the unemployment rate among Black Americans had reached its lowest rate ever. “I have to tell you, the fake news...
View ArticleIn the Wake of Antwon Rose’s Killing, Pittsburgh Forced to Reckon with Its...
FILE – In this June 22, 2018, file photo, demonstrators protesting the fatal police shooting of Antwon Rose Jr. cross the Roberto Clemente Bridge during an evening rush hour march that began in...
View ArticleIn Black Neighborhoods, Trump’s Economic Boasts Ring Hollow
President Donald Trump meets with rapper Kanye West and former football player Jim Brown in the Oval Office of the White House, Thursday, Oct. 11, 2018, in Washington. (AP Photo/Evan Vucci)...
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