Tag Archives: recession

I secretly lived in my office for 500 days

By Terry K. I was asleep when I heard the door rattle against the frame. My eyes flashed open and I sprung upright in my under-desk sleep space. Was it all over? Had someone come to work early? I peered … Continue reading

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Black America Is Still In A Deep Recession

By Bryce Covert The economy has experienced 12 straight months of job growth above 200,000 and the overall unemployment rate has dropped 5.5 percent. But the recovery isn’t such great news for black Americans. The unemployment rate for black people … Continue reading

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How I lost my middle-class life

By Jayme Reid Recently I read an article in the New York Times Magazine by Dominique Browning, the former House and Garden magazine editor who lost her job when the magazine folded in 2007. Like “The Bag Lady Papers,” a … Continue reading

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Black Unemployment Drives ‘Perpetual, Slow-Moving Recession’

By Artgur Delaney Tatia Pritchett’s 2002 Hyundai Sonata blew a tire early on a Friday morning in June when she was on her way to work. “I was driving and all of a sudden, KAPOW,” she said. She pulled over and … Continue reading

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Many cities face long waits to regain lost jobs

By Tim Mullaney Most U.S. cities won’t regain all the local jobs lost in the recession until 2015 or later. Top performers: College towns, oil centers, military base communities. More than half of all U.S. metro areas won’t regain the … Continue reading

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Jobs keep creeping out of downtowns

By Haya El Nasser The recession put the brakes on job growth but did nothing to reverse a decades-long trend: job sprawl. Despite the economic slump, the share of metropolitan areas’ jobs farther from downtowns increased from 2000 to 2010, … Continue reading

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Blacks’ economic gains wiped out in downturn

Is this really a surprise? It’s bad for everyone. It’s even worse for African-Americans. Blacks’ economic gains wiped out in downturn – Business – Eye on the Economy – msnbc.com.

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Black Unemployment At Depression Level Highs In Some Cities

Janell Ross provides us with a stark, bleak picture of African-American employment in America. This illustrates and confirm my contention that the government needs to take action on this problem immediately. Why? If we are able to find good paying jobs, then the rest … Continue reading

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Inside Job

Want to see one of the BEST documentaries of the young century? Want to learn about the corporate greed that destroyed many lives globally when Wall Street collapsed?Go and pick up, the Academy Award winning INSIDE JOB. It was quietly … Continue reading

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Single Moms Crushed by Recession

Black and Hispanic single mothers has zero median wealth. ZERO. That is surprising and depressing. When America encounters an economic recession or depression our community suffers earlier, longer and more dramatically than the majority. When looking at this issue from that … Continue reading

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