Everything in Black Economics
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
President Trump’s huge blunder on tariffs gives us an opportunity to discuss the larger economic issues involved. How do we create good paying jobs in the United States? Or even bigger, how do we offer opportunity to people? Last time we checked, Truck driving was the best job for Black people without a high school … Read more
We are following the February 28th boycott closely. We are also following the media coverage. We support the boycott. The original goal was to boycott Target Corporation, a major retailer which suspended it’s diversity, equity, and inclusion efforts on January, 24th, 2025. Target had previously committed to spending $2 billion with the Black community in … 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