Economy

100 Days of Biden-Harris

I see the $6 trillion price tag on the Biden legislation as more of an investment than simple spending. A better-educated workforce earns more money, pays more taxes. A healthier workforce means less absenteeism, more efficiency, and productivity. Quality childcare means more women in the workforce —millions of women left in the wake of COVID. The investment makes sense to build our labor force back better.

Biden-Harris Administration Steps up Efforts to Narrow Racial Wealth Gap

The Biden-Harris Administration is announcing additional steps to end discrimination and bias in the housing market. “More than 50 years since the Fair Housing Act’s passage, access to wealth through homeownership remains persistently unequal,” administration officials stated. “In his first week in office, President Biden issued a memorandum directing the U.S. Department of Housing and Urban Development (HUD) to address discrimination in our housing market.”

Governor Newsom Announces Historic ‘Vax for the Win’ Program to Get More Californians Vaccinated by June 15

Governor Gavin Newsom today launched “Vax for the Win,” a new multi-faceted vaccine incentive program designed to motivate Californians to get their vaccination leading up to the state’s reopening on June 15. The incentives aim to give an extra nudge to those who still need to get vaccinated against COVID-19, especially those in hard-to-reach communities, while also thanking everyone who has already been vaccinated. 

California State Budget for 2021-22 Draws Both Pushback and Praise

Depending on where they stand, a number of political leaders in California either praised or pushed back on Gov. Gavin Newsom’s $ 267.8 billion budget proposal for fiscal year 2021-22. The plan includes a broad range of high-dollar investments intended to help the state’s struggling economy recover from the COVID-19 pandemic.

Many Black Renters, Hit Worst By COVID, Remain in Dark About Billions in Relief Funds

But many renters, including Black Californians who lease residential property, may not know about the state’s new CA COVID-19 Rent Relief program or they may not have details on how to apply for the available assistance. Other advocates say some renters could simply be confused because there are multiple rental relief programs at the county or city level to help renters.

Increasing Diversity in Lineworker Skilled Trades

Athennia, 10, Eric Jr., 9, and Aliyiah, 7, know that when there is a storm or a wildfire, their father, Eric Jones, a field supervisor for Southern California Edison – Opens in new window, is going to be very busy and may be called out to work at night.

A year of COVID-19 brought record consumer debt and collection complaints 

After more than a year of COVID-19, the nation’s collective ability to cope with dual public health and economic crises has diminished many consumers’ ability to remain financially stable. While this February’s national employment report by the Bureau of Labor Statistics showed a net gain of 379,000 jobs and white unemployment dropped to 5.6%, there was no corresponding improvement for Black and Latino workers. Instead, unemployment was respectively higher at 9.9% and 8.5%.   

General Motors Announces 400 Percent Increase in Ad Spending with Black-Owned Media

General Motors officials said it would be more productive to host a series of meetings involving a more extensive mix of Black-owned media publishers and executives. “To ensure that our conversations are both substantive and constructive, we are going to postpone and reschedule it into a series of smaller conversations that take place over the next few weeks,” GM global Chief Marketing Officer Deborah Wahl told the executives.