Congressional Black Caucus Criticizes President Obama on Unemployment

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Your Black World reports. The Congressional Black Caucus took the step of confronting the Obama Administration on growing levels of black unemployment.  Since the start of the most recent recession, white unemployment has gone down.  At the same time, black unemployment has increased by 1.5 percentage points. “Can you imagine a situation where any other […]

Wayne Hodges: Latest Unemployment Numbers Spell Trouble for President Obama

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by Wayne Hodges. WASHINGTON – In the not too distant future, don’t be surprised to see a legion of blacks standing outside on a street corner near you holding up a “Can’t lie: I need a Meal” sign. On Friday (July 8), the U.S. Labor Department divulged the nation’s unemployment numbers for June. The jobless rate […]

The Economic Recovery Has Hit the Wealthy, Missed Workers and the Poor

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Your Black World reports.  ‘The last recession ended two years ago, according to economists.  But experts are now claiming that this has been arguably the most lopsided economic recovery in history.   Typically, people of all economic backgrounds benefit during a recovery, but this was not the case most recently.  Regular Americans are struggling to […]

Woman Writes YBW: Back on Welfare after 45 Years Off

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From Dr. Boyce Watkins: If you want to see the kinds of things that are coming in my email inbox everyday and why I am so passionate about us fighting the black unemployment problem, please read this letter below in order to get a sense of how black people all over America are suffering. We […]

Now There’s an Official Term for Discriminating Against Black Businesses

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by Ayvaunn Penn, Your Black World There is actually a business term for companies refusing to associate, acknowledge, or do business with a black organization. Indeed, the day has arrived, and it is woefully mournful. Practically everyday there has been some new article on the plight of  the black man lagging behind in education and suffering greater losses […]

Anthony Quinones: The Three Demons Black Men Must Overcome in the Workforce

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According to the Bureau of Labor Statistics (BLS), since December 2010, the overall unemployment rate has fallen from 9.4% to 9.1%. However, the unemployment rate for Black men 20 years of age and older has risen from 16.5% to 17.5% during the same period. Traditionally, this is by far the highest rate among the demographics […]

25% of African Americans Have Lost Home in Last Three Years

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by Dr. Boyce Watkins, Your Black World. Most African Americans are aware that the black community has been hit by the recent economic downturn in ways that dramatically surpass the impact of those in other communities.  In a recent Your Black World Survey, we sought out to assess the extent of the damage being done […]

Rapper Jersey Demic Records a Song about the Great Black Depression

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A young rapper by the name of Jersey Demic sent his video to the Your Black World inbox (info@yourblackworld.com) in which the artist expresses his sentiments about the Great Black Depression that has occurred over the last three years.  According to a recent Your Black World Survey, 38% of our respondents said that they lost […]

Survey: 38% of African-Americans Have Lost Job in Last Three Years

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by Dr. Boyce Watkins In a recent survey taken by Your Black World, 38.3 percent of African American respondents said that they’ve lost their job at some point during the last three years.  This number is higher than the current black unemployment rate of 16.1 percent because most of those who lost their jobs were […]

John Stewart Says “Black People Being Left Out in the Cold Economically” (Funny Video)

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In a very funny skit, Jon Stewart of “The Daily Show,” satirizes the fact that black people seem to vote for the Democrats and President Obama without questioning any of their policies.  He says that they are “being left out in the cold economically,” and the comedic guest jokes that “peer pressure” keeps black people […]

With Unemployment Benefits Running Out, What are People Going to Do?

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Elliot Millner, JD – Your Black World. The news just keeps getting worse for those who are unemployed or underemployed. According to a recent report, despite the fact that the jobless rate in the U.S. continues to rise, many of those newly unemployed people will likely be limited to 26 weeks of state unemployment benefits, at […]

President Obama Says that Job Training is Critical

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by Ayvaunn Penn, Your Black World President Obama declares that part of the revival of the United States economy hinges on opening the door to train new workers for the field of manufacturing. In accordance with this belief, Mr. President visited Northern Virginia Community College on Wednesday and gave a speech on this very issue. Specifically, he spoke […]

Elliot Millner: Chronic Unemployment Now Higher than During Great Depression

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Elliot Millner, J.D. According to a recent Time Magazine article, the news for those unemployed and looking for work just keeps getting worse. According to the story, chronic unemployment (described as being unemployed for six months or longer without break) is at higher levels now than during the Great Depression..for all people. Of course, we […]

Campaign Posturing? White House Holds Black Business Summit

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by Ayvaunn Penn, Your Black World Yesterday in New Jersey, the Obama administration hosted the Urban Entrepreneurship Summit at Rutgers University. The matter at hand was the devastating 16% unemployment rate of African Americans, and this event was held to talk of ways to help alleviate this predicament. People present included government officials, private and non-profit […]

Can President Obama Overcome the Bad Economy in the 2012 Elections?

TOLEDO, OH - JUNE 3: U.S. President Barack Obama speaks to a group of auto workers June 3, 2011 in Toledo, Ohio. Obama toured Chrysler Group's Toledo Supplier Park and spoke with plant workers about the importance of the auto industry's recovery to the community. (Photo by J.D. Pooley/Getty Images)

by Dr. Boyce Watkins, Your Black World. The economy is one of the most important factors used by voters to decide who they want as their president.  It wasJohn McCain’s lack of understanding of economic fundamentals that helped then-candidate Barack Obama get in to office during the 2007 financial meltdown.  The ironic thing for President Obama […]

Julianne Malveaux: Job Creation is Necessary for All Americans

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I consider myself something of a wordsmith, so I am always amazed in the work of others, especially when they are government bureaucrats. The most recent unemployment figures, which show the unemployment rate rising, and the pace of job creation slowing, are interesting and incisive.  The Employment Situation says that the unemployment rate is “essentially unchanged” as […]

Dr. Boyce: Black Unemployment Is Ground Hog Day All Over Again

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by Dr. Boyce Watkins In the 1993 film, “Groundhog Day,” Bill Murray finds himself living the same day over and over again. He keeps wondering when he’s going to wake up and find that his life has moved forward, or that some progress has been made. To his surprise, he sees that nearly every remark, […]

Dr. Wilmer Leon: Black Unemployment Highlights Serious Racial Inequality in America

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In this interview, I speak with Dr. Wilmer Leon about the fact that black unemployment continues going up, while White unemployment has gone down significantly.  Should politicians take the time to help with this issue or is the problem just one for the black community to bear all alone? To watch the conversation, please click […]

Dr. Boyce – Black Unemployment Rises Yet Again: Yes, We Are in a State of Emergency

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by Dr. Boyce Watkins, Your Black World. This month, the Bureau of Labor Statistics released its unemployment data for the month of May. The unemployment rate for the African American community went up from 16.1 percent to 16.2 percent.  Black males, who already had the highest unemployment rate of any ethnic/gender category, saw their joblessness […]

Dr. Boyce: Why Black Men Continue to Suffer, and Why It Must End Now

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by Dr. Boyce Watkins, Your Black World. I recently read a report stating that black male joblessness is the highest its been in 40 years.  In addition to being the least likely to have gainful employment, we are also the ones who are most likely to end up in prison and without an education.  These […]

Percentage of Employed Black Men Is Lowest It’s Been in 40 Years

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IN MEMPHIS — His week had begun with a graduation ceremony, a standing ovation and a walk across the stage to meet the president of the United States. Kenneth Roberson was a top-ranked student at the high school President Obama had selected as the country’s most “inspiring,” and the president had extended his hand and […]