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The US Elections and the Unemployed

The controversy that has broken out over the US Labor Department’s report Friday on jobs and unemployment only testifies to the unbridgeable gulf between...

Black Entrepreneurship On The Rise

While a degree certainly provides graduates with an edge in the job market, unemployment statistics have repeatedly shown that one’s race plays a role...

Is Oil-Rich Angola a Development Success?

Ten years after the end of its civil war, Angola, which is heading to the polls Friday, has been transformed into a regional African power...

Sudanese Pound Continues to Decline as Economy Plunges

The Sudanese pound continued to decline against the US Dollar as the inflation rate reached over 37% last June indicating the severe economic situation...

Haiti’s $20 Billion Worth of Gold Must Benefit the Haitian People

Haiti is reportedly on the cusp of a gold rush, with exploration proceeding apace for an estimated $20bn worth of precious minerals buried beneath...

African Govts Act to Boost Their Share of Mining Revenue

Many African countries have recently begun revising their mining codes to increase their share of revenues. In 2010, Ghana increased its royalty rate from 3...

South African Vehicle Sales show Strong Growth

South African new vehicle sales grew by 20.7% year-on-year in May, climbing to their highest level in a year, the National Association of Automobile...

Latest Jobs Report Offers Little Hope for Blacks in America

Norman Jones, woke up last Friday, got dressed and went to the District of Columbia Department of Employment Services (DOES) for a job pre-screening...

The Worst Cities for HIV and African-American Women

African-American women are five times more likely to contract HIV in the following six cities than are black women across the rest of America. 1....

Reducing Black Unemployment: No Easy Solutions

After remaining virtually unchanged throughout 2011, the Black unemployment rate fell from 15.8 percent last December to 13.6 percent in January, a drop of...

Eye On Urbanisation – Nigeria

In 2008, for the first time in human history, the number of people living in urban areas outstripped the rural population; however, the same will not occur in Africa until nearly 2050. Even so, Africa's cities are urbanising at a profound rate, reaching 40% in 2012, up from 19% in 1960.

Zimbabwe Set to Maintain Single-Digit Inflation

Zimbabwe has begun to experience a dissipation of underlying inflationary pressures in the economy and looks set to maintain single- digit inflation this year, the Reserve Bank of Zimbabwe has said. The decline in quarterly annualised inflation from 5,9 percent in September to 4,47 percent in October showed significant easing.

49 Million Americans in Poverty, Census Study Finds

A new Census study has determined that 49 million Americans now live in poverty, based on new methods of calculation. The report, which concludes that poverty is far more prevalent among older Americans than had been previously estimated, coincides with a drive by the Obama administration and the Republicans to slash government programs that have kept millions of seniors out of poverty.

We Need a Black Economic Renaissance

When the U.S. Census Bureau reported that 46.2 million Americans were now living in poverty, it wasn't a stretch to guess which group of Americans topped the list: African Americans. This was no surprise, given the black unemployment rate of 16.7 percent, nearly double the 9 percent national rate.

Report: Black Unemployment More Widespread Than Previously Thought

High rates of Black unemployment have spread beyond the Midwestern rustbelt states that were home to dismal rates of employment before the recession, says a new report from the Economic Policy Institute.

Black Unemployment: Highest in 27 Years

The August jobs report was dismal for plenty of reasons, but perhaps most striking was the picture it painted of racial inequality in the job market.