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: Budget Cuts, Economy, /NOW Blog
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VideoAnother 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: Budget Cuts, Economy, /NOW Blog
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
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 Blog
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
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
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
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
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
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
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?
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?
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?!
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
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?
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: Akiba Solomon, Economy, Jobs Crisis
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
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
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
June Jobs Numbers: Nightmare on Main Street, Part 2
by Kai Wright on July 11 2011, 9:53AM
How many times are we going to act shocked upon learning that the recessionary goblin isn’t actually dead?
Topics: Economy, Jobs Crisis, Kai Wright
Putting People Directly to Work Is “Too Radical” For Congress
by Shani O. Hilton on June 17 2011, 11:12AM
Still, there really are job-creation ideas out there. Really. Here’s another one.
Topics: Economy, Jobs Crisis
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