Everything in Black Economics
Frozen job market continues with an estimated 27,000 new jobs added after teacher correction On August 7th, the Bureau of Labor Statistics released its employment report (BLS). The report showed negative job growth, -23,000 jobs lost, for the first time since December 2025. The job numbers for May and June were revised downward. The job … Read more
Every month, the BLS reports the jobs report. The monthly Bureau of Labor Statistics employment situation report (EMPSIT) is the single most important publicly available information about the US economy. It is the best resource for understanding the US economy. But you have to look across some of the details to get a good view … Read more
Every month, the BLS reports the facts on employment in the US. The monthly Bureau of Labor Statistics employment situation report (EMPSIT) is the single most important publicly available information on the US economy. The report is commonly called “the jobs report.” The second most important report is corporate profits. (quarterly). The Employment report is … Read more
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
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
So, my family is pretty wide-ranging. When we all got together for a BBQ, the talk turned to AI. Everyone was concerned about AI effect on their jobs and society in general. The discussion of AI was quite interesting. Here at Blackeconomics.com, we read about AI and use three of the free models: Claude, ChatGPT, … Read more
Black Unemployment moved up to 7.7%, a 20% Increase Since February of Last Year BLS Unemployment Report The Bureau of Labor Statistics(BLS) jobs report was bad. Really bad. Meanwhile, the BLS said the job market only “edged down.” That is some spin. The BLS reported that businesses had a net loss of -92,000 jobs. It … Read more
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
Black workers are squeezed at the bottom and limited at the top Summary When I grew up, I heard of the “Sacred Seven”: seven occupations where Black people could do well during Jim Crow segregation. The seven are: Doctor, Dentist, Lawyer, Preacher, Teacher, Mortician and Businessman. They are occupations based on the needs of … Read more
Labor Day Related Stories or Economic Outlook Labor Day Edition I wish I had a lot of good news on Labor Day, but I don’t. The good news There are a couple of Labor bright spots. On July 31st, the New York State Nurses Association and the NYC Health and Hospitals Corporation reached a settlement. … Read more