COLORLINES - Economy

Social Security Threats Creep Up on Communities of Color

by Michelle Chen on August 4 2010, 9:58AM

Privatization whispers are circulating again. That’s particularly bad news for people of color heading into their sunset years.

Topics: Economy, On Gender

Senate Pulls Money From Black Farmers

by Jamilah King on July 30 2010, 2:42PM

The funds would have settled lawsuits against the USDA for racial discrimination.

Topics: Economy

Domestic Workers Get Overtime Pay But No Union

by Karina Hurtado on July 29 2010, 9:45AM

A new law in New York grants basic human rights like a day off per week, but no collective bargaining.

Topics: Economy

Jobless Claims Go Up As Sanity Stays Down

by Kai Wright on July 22 2010, 9:29AM

The unemployment line grows as Washington limps toward restoring benefits.

Topics: Economy, Kai Wright

How Republicans Blamed the Jobless for Being Out of Work

by Seth Freed Wessler on July 21 2010, 10:26AM

And the racial boogeyman that informs the fact-challenged argument.

Topics: Economy

Blacks Locked Out of Oil Spill Cleanup Jobs, says NAACP

by Julianne Hing on July 20 2010, 9:56AM

It’s a sign of how bad things are that people are fighting for jobs in a toxic stew.

Topics: Economy, Gulf Oil Spill

Fourth Time’s A Charm? Obama Jabs GOP on Stalled Jobs Bill

by Naima Ramos-Chapman on July 19 2010, 1:02PM

President tells party of no to say yes on extension of unemployment benefits for millions.

Topics: Economy

Invest in Immigrants for Economic Longevity, says OECD

by Naima Ramos-Chapman on July 14 2010, 10:00AM

For top nations to get higher return during economy turnaround, they must invest in immigration.

Topics: Economy, Immigration

Wells Fargo’s “Stage Coach From Hell” Loses Subprime Wheels

by Jamilah King on July 8 2010, 5:35PM

Late last night Wells Fargo announced its plans to cut 3,800 jobs, close 638 of its Wells Fargo financial stores nationwide and officially stop handing out subprime loan packages. The move is a long time coming for a bank that’s…

Topics: Economy

Race and Recession: No Recovery for Communities of Color

by Seth Freed Wessler, Channing Kennedy, Hatty Lee on July 8 2010, 2:00PM

Our original report examined the racial inequity that helped create the recession—and that the crisis has in turn intensified. More than a year later, little has changed.

Topics: Economy, Jobs Crisis

Lawmakers Prepare for Showdown Over Jobs

by Jamilah King on July 7 2010, 4:16PM

Democrats and Republicans spend the congressional recess getting ready to blame each other for the recession that will surely still be with us come November.

Topics: Economy

Jobless Claims Rise As Congress Goes On Recess

by Jamilah King on July 1 2010, 2:59PM

Newly released data from the Department of Labor shows that the country’s jobless claims are on the rise. Over the past two weeks, initial claims increased to over 470,000. The jump in claims isn’t exactly news to most analysts, who…

Topics: Economy

Santelli Rants While Jobless Face Congressional Abyss

by Jamilah King on June 30 2010, 6:24PM

Rick Santelli’s once again raging on CNBC. Maybe the 1.2 million longterm unemployed that Congress is kicking off of jobless insurance should do the same.

Topics: Economy

Let’s Try It Again! Another Pass at Jobless Benefits Bill

by Seth Freed Wessler on June 29 2010, 2:21PM

The House votes on extending unemployment benefits today as 1.2 million are at risk of losing their lifeline.

Topics: Economy

How Congress Ignores the Jobless Without Political Worry

by Seth Freed Wessler on June 24 2010, 6:27PM

Frances Fox Piven says it’s because people getting benefits no longer share a public space—where organizing could happen.

Topics: Economy

No End in Sight for Foreclosures

by Michelle Chen on June 23 2010, 7:47AM

The recession still has more damage to do. And a new Center for Responsible Lending report says Black and Latino homeowners will continue feeling the worst of it.

Topics: Economy

U.S. Social Forum: Foreclosures Still the Story in Detroit

by Seth Freed Wessler on June 23 2010, 7:37AM

Bombed out houses and unemployment lines; empty factories and empty lots. These are the images that have come to animate Detroit’s decline, its deep and deepening depression.

Topics: Economy

Race Drives Jobless Numbers in Worst-Hit Cities

by Michelle Chen on June 14 2010, 9:29AM

The unemployment rate varies wildly across different regions. But there’s one consistent pattern throughout: to find the people hurting the most, look to the neighborhoods where Black and brown people live. The Economic Policy Institute’s latest breakdown of unemployment looks…

Topics: Economy, Race and Recession

Poll: Jobless Insurance Now, Deficit Reduction Later

by Seth Freed Wessler on June 8 2010, 10:36AM

The Senate is expected to begin debate today on extending unemployment insurance until November. The overwhelming majority of Americans support doing so, according to a new poll, but the Senate is poised to ignore that fact—not to mention the plight…

Topics: Economy, Race and Recession

A Tale of Two Recessions

by Daisy Hernandez on June 7 2010, 3:31PM

The monthly unemployment numbers are in, largely confirming what we already knew: the 411,000 temporary jobs created by the Census jobs helped but just a little. The overall unemployment rate shifted down from 9.9 percent to 9.7 percent and for…

Topics: Economy

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