Business & Finance
Unemployment for Blacks 13.2%; Latinos 9.0%; Whites 6.7%. What Obama Said Last Year.
The U.S. unemployment rate for April declined to 7.5%, the lowest in four years, according to last week’s employment situation released by the Bureau of Labor Statistics. The Black unemployment rate, however, remains nearly twice the national average. Image via New America Media According to the UC Berkeley Labor Center: The unemployment rate for More...
(Video) Brutal Job Search Reality for Older Americans
Brutal Job Search Reality for Older Americans Out of Work for Six Months or More (via PBS News Hour) JEFFREY BROWN: And now back to the jobs picture. Despite the good news in today’s employment report, nearly More...
(Video) Wealth Inequality in America: The reality is often not what we think it is.
Via politizane on Youtube: Wealth inequality in America. This is a video infographic on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality More...
Immigration: Quick Thought on ‘Paying Back Taxes’
A quick thought from Dr. Steven Pitts on comprehensive immigration reform and “paying back taxes:” 1. Undocumented workers who rent homes/apartments pay property taxes. 2. Undocumented workers who purchase More...
DEC 2012: Unemployment Rate Increased for Blacks, Latinos
In December the unemployment rate for Blacks was 14.0 percent, and for Latinos 9.6%, according to the Bureau of Labor Statistics monthly Employment Situation report. For Blacks the rate increased from 13.2% in November; More...
Open Today: Summer 2013 White House Internship Program Application
Open Today: Summer 2013 White House Internship Program Application Medical school student, volunteer firefighter, active duty member of the United States Armed Forces, fashion designer, spouse, sailor who’s More...
(Video) Walmart Workers to Strike on Black Friday.
On the biggest shopping day of the year, Black Friday, the day after Thanksgiving, Walmart workers threaten to strike. Employees do not belong to a union, but they have organized in several Walmart locations across More...
The United States ‘To become world’s biggest oil producer’
The United States is to become the world’s top oil producer around 2020, the International Energy Agency said on Monday, overtaking Saudi Arabia until the middle of that decade. “The recent rebound More...
Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
Wells Fargo will pay a $175 million settlement in a deal reached with the US Department of Justice. The DOJ alleged in its claim against the giant bank that it engaged in discrimination predatory practices and steered More...
BBN Inspired CNN Segment: What Can Obama do about Black Economic Crisis?
BBN reported last week on the recent news story that the median wealth in 2010 for Blacks was less than $4,955; and, for Whites the median wealth was $110,729. There has always been a wealth gap and Blacks are More...
