Colorlines

Results related to “recession”

Is it Getting Tougher for Latinos to Own Homes?

Is it Getting Tougher for Latinos to Own Homes?

by Von Diaz on November 14 2013, 10:30AM

Stricter home ownership regulations are hitting the Latino community particularly hard.

Topics: /NOW

Automatic Cuts to Food Stamps Coming This Week

Automatic Cuts to Food Stamps Coming This Week

by Von Diaz on October 30 2013, 5:21PM

A scheduled $5 billion will be cut from federal SNAP benefits starting November 1.

Topics: /NOW

Another Gloomy Jobs Report, as D.C. Budget Battle Bumbles Along

Another Gloomy Jobs Report, as D.C. Budget Battle Bumbles Along

by Imara Jones on April 5 2013, 12:00PM

Another example of the massive gap between reality and the discussion in the Beltway.

Topics: Economy, /NOW

Is This the Calm Before Another Storm? How the Economy May Get Worse, Fast

Is This the Calm Before Another Storm? How the Economy May Get Worse, Fast

by Imara Jones on June 7 2012, 10:11AM

Greek austerity? Eurozone collapse? What’s this got to do with the financial slog so many communities of color are still facing in the U.S.? For starters, it could make things a lot harder, soon. Imara Jones offers a primer—and preventive steps.

Topics: Economy, Global Affairs, Jobs Crisis

Reality Returns: Huge Black Job Gains Disappear in February Report

Reality Returns: Huge Black Job Gains Disappear in February Report

by Kai Wright on March 9 2012, 10:47AM

The sudden, sharp drop in black unemployment that set economists buzzing in January appears to have in fact been so much statistical noise. The February 2012 job numbers are out and black unemployment went right back up, to 14.1 percent…

Topics: Economy, Jobs Crisis, /NOW

The Auto Bailout Saved Michigan--If You Don't Count Black Workers

The Auto Bailout Saved Michigan—If You Don’t Count Black Workers

by Shani O. Hilton on February 29 2012, 9:43AM

Mitt Romney and President Obama have slugged it out over the Detroit bailout. It’s clear at this point that the bailout revived the auto industry. But thus far, it’s not been enough to heal the most ailing part of Michigan’s economy: black employment.

Topics: Economy, Jobs Crisis

How Economists Tally Unemployment--and Its Affect on the Black Jobless Rate Infographic

How Economists Tally Unemployment—and Its Affect on the Black Jobless Rate

by Shani O. Hilton, Hatty Lee on February 23 2012, 9:55AM

January saw a remarkable three-point drop in black joblessness. Economists are skeptical it’s real. But why? Put on your data nerd hat, because we’ve got the explanation.

Topics: Economy, Jobs Crisis

House GOP's Jobless Image: Drugged Out, Lazy and in Need of a GED

House GOP’s Jobless Image: Drugged Out, Lazy and in Need of a GED

by Seth Freed Wessler on February 14 2012, 9:07AM

That’s the picture Republicans want in voters’ minds, too, as Congress prepares for yet another brutal round of jousting over unemployment benefits.

Topics: Economy, Jobs Crisis

What Drove a Sudden, Steep Drop in Black Unemployment? Nobody Knows

What Drove a Sudden, Steep Drop in Black Unemployment? Nobody Knows

by Shani O. Hilton on February 9 2012, 9:40AM

Black unemployment dropped a whopping 3 percent in January, fueled by hiring of black men. Economists who’ve tracked black joblessness are waiting for the other shoe to drop—was it a statistical quirk, or is there a jobs renaissance afoot in black America?

Topics: Economy, Jobs Crisis

Got a Hustle to Pay Rent While Jobless? You're Part of a $1T Economy

Got a Hustle to Pay Rent While Jobless? You’re Part of a $1T Economy

by Yvonne Yen Liu on November 4 2011, 9:54AM

Neither the public nor private sector is doing much to create jobs, and those that are popping up aren’t very good ones. So a lot of folks are taking matters into their own hands.

Topics: Economy, Jobs Crisis

Six Cities Where Black People Are Living in a Depression

Six Cities Where Black People Are Living in a Depression

by Kai Wright on October 7 2011, 10:48AM

Black unemployment is at levels comparable to the Great Depression in six cities. But then again, black populations in dozens of cities were in acute recessions before the national crisis ever began. The actual numbers are striking.

Topics: Economy, Jobs Crisis, Kai Wright

Homeowners to Banks: Clean Up the Mess You Left in Our Neighborhood Photo

Homeowners to Banks: Clean Up the Mess You Left in Our Neighborhood

by Kai Wright, Sita Bhaumik on September 29 2011, 10:02AM

Amid all the deficit and campaign talk, it’s easy to forget the foreclosure crisis continues to destroy neighborhoods. Community organizers in East Oakland got fed up and delivered the dirty problem to its source.

Topics: #Occupy, Economy, Kai Wright

Key Question of 2012: Do You Represent the People or the Banks?

Key Question of 2012: Do You Represent the People or the Banks?

by Kai Wright on September 20 2011, 10:43AM

The president vowed to make the rich “pay their fair share.” Let’s hope he’s serious. But either way, a new campaign launches today to make sure both parties must care as much about homeowners and workers as they do bankers in 2012.

Topics: Debt Deal, Economy, Kai Wright

How Does the American Jobs Act Stand Up for People Of Color?

How Does the American Jobs Act Stand Up for People Of Color?

by Shani O. Hilton on September 9 2011, 3:24PM

While some have a lukewarm reaction to the president’s proposal, others say that elements of the plan could pay off for those who’ve been hardest hit by the bad economy.

Topics: Economy, Jobs Crisis

Stocks Are Down! Obama's Unpopular! Wait, Who Cares?!

Stocks Are Down! Obama’s Unpopular! Wait, Who Cares?!

by Kai Wright on September 2 2011, 12:53PM

Another dismal monthly jobs report and another round of all the wrong questions and concerns. Meanwhile, millions of people continue fighting for survival.

Topics: Economy, Jobs Crisis, Kai Wright

D.C. Gets Back to Work--and to Its Lame, Half-Hearted Jobs Debate

D.C. Gets Back to Work—and to Its Lame, Half-Hearted Jobs Debate

by Shani O. Hilton on August 31 2011, 9:17AM

House GOP leaders will roll out more so-called jobs ideas this week, in anticipation of the president’s expected proposals next week. None of it is expected to meet the scale of the problem.

Topics: Economy, Jobs Crisis

Is Your Credit Report Hurting Your Job Search?

Is Your Credit Report Hurting Your Job Search?

by Akiba Solomon on August 15 2011, 9:37AM

A growing number of employers are using credit checks to determine who they hire, promote and fire. Learn how race factors in—and what you can do about it.

Topics: Gender, Economy, Jobs Crisis

The Fed's Bombshell: Our Economy's Dead Until Congress Creates Jobs

The Fed’s Bombshell: Our Economy’s Dead Until Congress Creates Jobs

by Imara Jones on August 12 2011, 9:37AM

After months of debate over the nation’s debt, the central bank’s unprecedented interest rates announcement this week was entirely about the jobs crisis. The subtext was clear: politics, not economics stand in the way of recovery.

Topics: Economy, Fiscal Cliff, Jobs Crisis

The Racial Wealth Gap's Larger Than Ever. Here's How It Will Destroy Us

The Racial Wealth Gap’s Larger Than Ever. Here’s How It Will Destroy Us

by Kai Wright on July 26 2011, 10:58AM

The wealth gap is now larger than it’s been since the Census Bureau began counting it. The foreclosure crisis is part of the reason, but its more symptom than cause for the building catastrophe in the U.S. economy.

Topics: Economy, Kai Wright, Wealth Gap

Thousands Rush for Low-Income Housing Vouchers in Dallas

Thousands Rush for Low-Income Housing Vouchers in Dallas

by Bryan Gerhart on July 19 2011, 10:17AM

For at least the second time in recent memory, chaos breaks out as families scramble to apply for affordable housing. It’s yet another sign of the country’s deteriorating safety net.

Topics: Economy

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