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The Astonishing Collapse of Black Household Wealth

Recently, the Urban Institute released a study on the racial wealth gap titled "Less Than Equal: Racial Disparities in Wealth Accumulation." The study found that, while the racial wealth gap has existed for decades, it's drastically expanded during the last 30 years.

African-American Unemployment Is Still Shamefully High

AFRICANGLOBE - Nationwide, African-American workers today are facing 13.2 percent joblessness. In some large states, the rate is far worse.

African-Americans: The Economy’s Invisible People

AFRICANGLOBE - African-Americans have been beset by a crisis of high mass unemployment and long-term unemployment for more than four decades. That crisis sharply divided African-American society into an “opportunity sector” and a “crisis-ridden sector.”

Let’s Recommit Ourselves to Dr. King’s Economic Principles

AFRICANGLOBE - As Dr. King asked in 1968, “What does it profit a man to be able to eat at an integrated lunch counter if he doesn’t earn enough money to buy a hamburger and a cup of coffee?”

Here is Our Black Agenda For 2013

AFRICANGLOBE - Government policies must target the disproportionate impact “The Great Recession” has had both on Black workers and on Black businesses. President Obama must enforce minority business preferences already on the books in federal government procurement – something that did not occur during the first four years, leading some Black business leaders to conclude that his administration is hostile to small Black businesses.

South Africa: Unemployment Equals Anarchy

AFRICANGLOBE - If unemployment continues South Africa is inviting anarchy, a debate panel heard in Johannesburg on Wednesday night. “We need and our government needs...

Unemployment Rate Still Disheartening for African-Americans

AFRICANGLOBE - The nation’s overall unemployment rate has slipped to its lowest number in four years, but finding jobs continues to be a struggle...

US Jobs Report: Black Unemployment Continue to Rise

U.S. employers added 171,000 jobs in October and hiring was stronger over the previous two months than first thought, but the outlook remains dim...

Africa Rising! At Least Its 1 Percent Is

Africa's economy may be booming, but this will do little to help unemployment and poverty if growth is jobless and its spoils are limited...

African Youth Facing Severe Youth Unemployment

It may have one of the fastest growing economies in the world -- but if you're young and out of work in Africa, the...

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...

U.S. Unemployment Rate Falls to 44-Month Low

America's unemployment rate dropped sharply to 7.8 percent in September, its lowest level since the month President Obama took office, the U.S. Labor Department...

Black Unemployment Stuck at 14.1 Percent

U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech...

The Reason Why Black Unemployment Will Continue to Rise

The Black unemployment rate and the slowing of U.S. economic growth are linked. The Commerce Department reported recently the U.S. economy grew at an...

The Black Community Must Make Demands To President Obama!

Without a demand, there will be no response. Frederick Douglas put it more succinctly, “Power concedes nothing without a demand. It never did and...

Black Unemployment Rate Surges Yet Again

America's Black unemployment gap continued to widen to almost a full percent in one month to 14.4 percent, according to a recent report by...