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Posts Tagged ‘ unemployment ’

The Great Recession and the Racial Divide Within

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By The Editors
Has America forgotten there’s a Great recession going on? That more than 14 million workers who recently had jobs now don’t? And that more than 44 percent of them have been out of work for six months or longer – a circumstance which has laid the foundation for a permanent jobless class numbering in the millions?



Senate Approves, Finally, Unemployment Extension Benefits

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By Lee A. Daniels
Breaking a two-months-long partisan deadlock, the Senate Tuesday voted to restore unemployment benefits to the more than 2 million jobless workers who have been out of work for at least six months.



A Dispiriting Jobs Report for June

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By Lee A. Daniels
The nation’s unemployment rate in June declined slightly, as did the number of people counted as being out of work.

But no one’s happy about it.



Let Them Eat Cake – at America’s Peril

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By Lee A. Daniels
Thursday the U.S. Senate refused to pass legislation extending unemployment benefits for jobless workers coming to the end of their regular benefits period. As a result, by the end of next week, more than a million jobless Americans will have lost their benefits this month.



Being Unemployed While Black: A Long-Term Condition?

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By Lee A. Daniels
Black and Latino Americans are disproportionately bearing the burden of joblessness, with, relatively speaking, more of their working-age members out of work at every demographic level, from high school dropouts to college graduates.



April Jobs Report: The Good News – And The Bad News

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By Lee A. Daniels
The mixed record of recovery of the U.S. jobs crisis continued last month as the number of new jobs created substantially outstripped expectations – but was shadowed by an increase in the unemployment rate and the number of those jobless for six months or longer.



The April Jobs Report: The Good News Is Not Good Enough

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By Lee A. Daniels
The federal government’s jobs report for April is due out Thursday, and all expectations are that it will continue the recent skein of data indicating the economy has stopped the frightful two-year-long hemorrhaging of jobs and begun a modest climb toward recovery.



Real-world Therapy for Retail Bankers: Five Steps to a Healthy Business and Renewed Popularity

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By Doug Miller
Maybe, just maybe, America’s retail bankers really don’t get it. Despite being hauled before Congress, derided by the president and sinking like a bar of gold bullion in an increasingly choppy sea of public opinion, maybe they’re just incapable at this point of seeing the balance sheet for what it really is.



Unequal Opportunity and Whitewashed Resumes

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By Khalil Gibran Muhammad
“Education is the key to success. Knowledge is power.” Wise words repeated countless times to young people at home and in school every single day. But what should we say to them if one day their hard work meets empty promises, if their dreams are deferred, or their first paycheck of material reward is marked insufficient funds.



Our Economic Crisis: When the Pain Goes the Other Way

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By Lee A. Daniels
Now that millions of white Americans are out of work, enduring the sense of desperation that poverty and joblessness bring, I can’t believe I’m not hearing the faux-moralists lecture them about taking “personal responsibility” for their own circumstances.