Economic News

The Labor Share of the Economy Continues to Fall

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Everywhere we see a discussion of affordability. Homes are at record prices. Rents continue to rise. Grocery prices are high. And gas peaked at $4.50 a gallon. The affordably crisis is a result of worker incomes not keeping up with prices. There would be no affordability issues if wages and worker incomes had kept up … Read more

Four Black women. Nine degrees. Not one steady paycheck. (Washington Post)

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Here is a good long, comprehensive article on four unemployed Black Women in Arkansas. Also, you must read comments and reaction to fully understand the publics current economic thinking. The article is a great read on the current state of the job market. Four Black women. Nine degrees. Not one steady paycheck. (Washington Post) The … Read more

Black Unemployment Report – August 2025

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Black unemployment jumps to 7.5%, a 23% increase since last August.  New Black workers increased by 260,000. Unemployment Report The BLS jobs report showed almost no new job growth (+22,000 new jobs) in August.  Over the past three months, the economy added an average of 29,000 jobs. The numbers hint at a slowing US economy. … Read more