unemployment Archives - Rolling Out

Earvin “Magic” Johnson is widely acknowledged as the best and most spectacular passer the NBA has ever seen. But he may not have delivered a more monumental assist than when he announced he will help provide tens of millions to help Black and women-owned businesses secure loans during the cataclysmic pandemic. The five-time NBA champ…

When the shootings and the crime that are happening in Chicago are discussed, the root causes of these issues never seem to take the same spotlight as the latest crimes. The latest study done in 2014 by the University of Illinois in Chicago presents some staggering numbers. An estimated 47% of young Black men between…

Fade to Black: Many Refuse to Hire Back Coaches With the summer recruiting circuit in full swing, many star high school athletes can expect repeated knocks at their doors by basketball coaches from some of the top colleges in the country. However, when a budding star and his family open that door, they’re more likely to see white recruiters…

Trump Plaza to close

Atlantic City, NJ has been a tourist destination for well over a century. Now the city is getting ready for a heavy round of lost jobs. According to Trump Entertainment Resorts, Trump Plaza casino will close its doors. The company announced that over 1,000 letters will go out to employees warning that they will be…

Out of all the tragic consequences of the economic crisis, conceivably the most ruinous is the reality that each day, more and more Americans are struggling to feed their families. Recent stats from the USDA specify that 14.2 percent of the United States’ population participated in SNAP; now officially called the Supplemental Nutrition Assistance Program…

More young adults are choosing or being forced by financial restraints to stay at home with their parents. According to a report by Pew Research, over 21.6 million Americans from the age of 18 to 31 currently reside with their parents. That’s the highest number since the Great Depression. The number has increased since 2007…

It is obvious that for both political parties, the debate regarding abortion is significant. The Democrats and GOP both think they’ve figured out how to win the abortion debate, which is to keep it as bland and generic as possible. This may be good for getting votes but not for tackling the under lying socio-cultural…

Ivan Crosling is the first to admit that volunteering pays off. The association director of the National Association of African Americans in Human Resources proved he had the necessary leadership skills and talents to lead the organization. Having a strong background in human resources with a specialty in diversity awareness and recruitment and placement and…

A Republican member of the Indiana General Assembly withdrew his bill to mandate drug testing of welfare applicants after a Democrat amended the measure to require lawmakers be tested for drugs as well. “There was an amendment offered today that required drug testing for legislators as well and it passed, which led me to have…

The present economic environment has been extremely hard for African Americans. With unemployment at its highest rate in decades, there are some job opportunities but it is unlikely that African Americans will be able to take full advantage of them because they are in science, technology and math-intense fields. Although Africans invented math and were…

In the city of Detroit, one out of four residents is currently unemployed, and 30,000 of them have criminal records that discourage employers from hiring them. In a creative and controversial move to put ex-convicts back to work, On Oct. 12 the city held an “Offenders Only” job fair designed to match willing employers with…

Here is one word to describe the August jobs report: Dismal. The Labor Department’s most recent report painted a dreary picture for all the unemployed who are hoping to realize their version of the American Dream, but the picture for black job-seekers is especially disconcerting. Black unemployment surged to 16.7 percent in August, its highest…

Don’t look for a job. Seek income.

You may remember the 2003 University of Chicago study by Devah Pager that sent young white and black “testers” with randomly assigned “felony convictions” to apply for low-wage jobs. The study found that whites with felonies were more likely to be called for interviews than black applicants without criminal records. Eight years later, black male…

Despite the slow pace of job creation, it has been announced in recent weeks that unemployment is creeping downward. Since December, we have observed a sizable decrease in the overall unemployment rate. However, it is growing dramatically, especially among African American teens. The Department of Labor figures indicate the overall teen jobless rate for ages…

Tips to Accumulate More Wealth Have frustration and pressure started you looking for take-it-to-the-bank financial solutions to increase your wealth? Those threats of unemployment, underemployment, wars and even the government possibly shutting down coupled with today’s economy have most Americans seeking ways to increase their income, while others may want more flexibility or require more…

President Obama exhaled yesterday as the national unemployment rate fell to a two-year low of 8.8 percent. However, the jobless rate for African Americans continues to rise and is nearly double the national average. Unemployment actually rose slightly for African Americans, hitting 15.5 percent. After a drop last month, black teen joblessness rose again to…