The Pew Research Center has publish a report that show the asset ratio between Whites as compared to Blacks and Hispanics has has jumped from 7:1 in 1995 to 20:1 in 2010. An increase of nearly 300%. The primary reason is the increase in Black unemployment and the number of sub-prime foreclosures.
The summary is here and the full study is here.
A weekly list of the top Black business, finance and economics stories and links. The site include the most important news stories, found research, important web sites and links.
Sunday, July 31, 2011
Discrimination against the long term unemployed
An excellent story about discrimination against the unemployed. In the New York Times, July 26th, 2011 edition. Employers want currently employed or recently laid off workers.
Monday, July 25, 2011
SF considers banning discrimination against ex-cons
San Franciso's council on human right is considering a long over due step: banning discrimination again ex-convicts. I am glad someone is recognizing the problems ex-criminals have re0intergrating into society. Get a job is one of the keys to success in society. Ex-convicts can have a positive impact on society when they are given half a chance. Many southern states have measures reduce ex-convict rights, including the right to vote, long after they are released. This type of law is need against a group of people who are constantly discriminated against. The story is here.
Sunday, July 24, 2011
Dropouts: The high cost to society of dropping out
NPR is about to start a series on people who drop out of high school. Dropouts have an enormous total cost on society. The series is here.
The issue is a perfect microcosm for US society. You can just as easily switch dropout, poor person or Black person. I must congradulate Claudio Sanchez for find a way to discuss what the majority do not want to discuss: The US underclass and inequality in society. Education is the one workable lever in the US for reducing inequality in society. Everyone is pulling on it; Obama, Bill Gates, Congress, Bloomberg; but no one knows what to do.
Mr. Sanchez explores the true cost to society of the lost potential of a dropout.
The issue is a perfect microcosm for US society. You can just as easily switch dropout, poor person or Black person. I must congradulate Claudio Sanchez for find a way to discuss what the majority do not want to discuss: The US underclass and inequality in society. Education is the one workable lever in the US for reducing inequality in society. Everyone is pulling on it; Obama, Bill Gates, Congress, Bloomberg; but no one knows what to do.
Mr. Sanchez explores the true cost to society of the lost potential of a dropout.
Monday, July 18, 2011
White Man's Burden
Ever wonder where the phrase "White Mans Burden" came from. It came from a poem by Rudyard Kipling. Wikipedia has a reference.
Year Up: Warning website has a picture of a Black Man at a Computer
Year Up is a company that runs workforce development programs. Their curriculum is focus on computer skills and business polish. I have got to admire them for trying. The program looks good.
Warning: Web-site features Black man at a computer. As though getting a job was as simple as looking at a computer.
Warning: Web-site features Black man at a computer. As though getting a job was as simple as looking at a computer.
Sunday, July 17, 2011
Leo Hindery: Liberal ex-CEO
Leo Hindery, ex-ceo of TCI, Yes Network and ATT broadband, is one of the few corporate executive that will discuss unemployment, labor rights, CEO pay and outsourcing. He say US CEOs are being short-sighted in Business Week. Here.
He is also Chairman of the Economic Growth/Smart Globalization Initiative at the New America Foundation. Here.
He is also Chairman of the Economic Growth/Smart Globalization Initiative at the New America Foundation. Here.
Tuesday, July 12, 2011
Monster Employment Index: MEI
Monster, the job search bulletin board also publishes an index of on-line job advertisements on monster web sites. The index called the MEI, Monster Employment Index. You can read the press release here.
DOE data show major differences in educational opportunities
The US Department of Education released the 2009-2010 Civil Rights Data Collection which show disparities in educational resources and opportunities. The results are from 7,000 school districts and 72,000 schools.
You can read the press release here.
You can read the press release here.
Monday, July 11, 2011
Shrinking Black Middle Class from AP via CST
Another story on the shrinking Black Middle Class from Jesse Washington of the A/P via the Chicago Sun Times. Here.
At least author Washington and A/P continue to cover the unreported story of unemployment and the effect on the Black Middle Class.
At least author Washington and A/P continue to cover the unreported story of unemployment and the effect on the Black Middle Class.
Sunday, July 10, 2011
Tax cuts and two wars caused the deficit
Basically, the current debt crisis was caused by several huge tax cuts (2 large by Bush and 1 medium sized by Obama), additional spending on two wars and the military, and additional prescription drug coverage.
Washington Post is here.
Washington Post is here.
Wednesday, July 6, 2011
Black Speakers Bureau
Yes, there is a Black Speakers Bureau where you can find top Black personality, scholars and athletes that will speak at your event for a fee.
Black Speakers Bureau.
Black Speakers Bureau.
Race unspoken in unemployment discussion
Here is a really great summary of the current Black unemployment situation with some comment from top flight social policy experts.
Race is left out of the discussion of jobs and unemployment. CBS News.
Race is left out of the discussion of jobs and unemployment. CBS News.
Subscribe to:
Posts (Atom)
Blog Archive
-
▼
2011
(99)
-
▼
July
(13)
- Black/Hispanic vs. Wealth Gap Takes Huge Jump
- Discrimination against the long term unemployed
- SF considers banning discrimination against ex-cons
- Dropouts: The high cost to society of dropping out
- White Man's Burden
- Year Up: Warning website has a picture of a Black ...
- Leo Hindery: Liberal ex-CEO
- Monster Employment Index: MEI
- DOE data show major differences in educational opp...
- Shrinking Black Middle Class from AP via CST
- Tax cuts and two wars caused the deficit
- Black Speakers Bureau
- Race unspoken in unemployment discussion
-
▼
July
(13)