Monday, May 23, 2022
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U.S. economy
Higher Black Unemployment Distorts Rosy Picture of Job Recovery
April 14, 2022
The total unemployment rate for Black Californians seems stuck at almost three times higher than the national rate – despite steady increases in overall hiring of African Americans in the state. ... read more »
Black Unemployment Rate Improves Amid Historic Jobs Report
February 9, 2022
America – and most notably Black America – is back to work, declared President Joe Biden as he announced one of the most robust job reports in modern times. ... read more »
Study Reinforces a Brighter Economic Outlook When America leads World in Energy Production
August 5, 2021
Researchers found through wages, taxes, capital investments, and support to other industries, the economic impact extends beyond traditional natural gas and oil-producing states. ... read more »
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Black-Owned Businesses Look to the FDA to Protect Them
August 5, 2021
A year ago, in a quick fix reaction to the pandemic, the FDA released emergency guidance that lowered the standards for germ-fighting products like hand sanitizer in order to get more on the market. This led to an ongoing wave of hand sanitizers that both smell horrible and seem to do virtually nothing. Now, a year later, city streets are refilling, businesses are starting to operate at full capacity, and we have a more reliable supply of hand sanitizer. Yet, businesses are still providing questionable products, and we are even seeing reports of products with toxic carcinogens steadily pop up. ... read more »
  Labor Secretary Tells Black Press America Must Be Intentional About Employment Equity
May 28, 2021
The administration wants to level the playing field, which would allow those in communities of color to obtain good-paying jobs, ascend to the middle class, and be rewarded when it comes time for promotions and other opportunities to advance. “I think we are seeing 500,000 jobs per month added to the economy on average over the last three months, and we saw some positive signs in the hospitality industry this month,” explained U.S. Labor Secretary Marty Walsh. ... read more »
As Key PPP Changes Begin, Advocates Demand Equitable Solutions   
March 10, 2021
Over the past year, COVID-19 and its variants have plagued the globe taking lives and interrupting normal activities in virtually all areas of life. For Black America, already plagued with steep health, income and wealth disparities, coping with the pandemic has been even more painful.   ... read more »
JPMorgan Chase Commits $30 Billion to Advance Racial Equity
October 22, 2020
“All Americans deserve equitable access to affordable housing and the physical, emotional and financial security it represents,” said Lisa Rice, CEO, National Fair Housing Alliance. “JPMorgan Chase’s new commitments will help make owning or renting a reality for more Black and Latinx families, whose housing access has been impeded by decades of systemic racism and are now disproportionately affected by the impact of COVID-19. Addressing the affordability crisis, now overlaid with the pandemic, will require many players on many fronts, and these commitments are concrete, meaningful steps in the right direction.” ... read more »
Economy and Race Relations Seen as Growing Concerns Ahead of Election
October 15, 2020
“It is not surprising that voters overall rate the economy as the most important issue impacting their vote for president this year given the fragile state of the U.S. economy and their tendency historically to prioritize it and other issues such as national security and education,” Gallup pollsters observed. ... read more »
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Black Automotive Media Group (BAMG) Hosts Discussions with Nation’s Automakers Over Lack of Inclusion
August 6, 2020
The BAMG feels that addressing these pillars is crucial to reversing decades of exclusion that Black automotive journalists have faced. As a result of the letter, all manufacturers responded, and a series of video calls were executed. The conversations were informative and sometimes uncomfortable, and souls on both sides of the discussions were bared. “We need to be an adequate part of the solution,” said one automaker. “We need a strategic corporate reset,” said another. ... read more »
L.A. City Mayor Responds to Governor Newsom’s Announcement of the Second Stage of the Economy Re-opening
May 5, 2020
Monday, May 4. The Los Angeles City Mayor Eric Garcetti provided the most recent information surrounding the COVID-19 outbreak. Los Angeles is gearing to build the economy back up. There are predictions of a second and third wave of the spread of coronavirus, as some Angelenos are set to head back to work within the coming weeks. Mayor Eric Garcetti addresses concerns of the financial instability the city is currently in. The Mayor is looking at the numbers and data surrounding this pandemic; the science and test results behind coronavirus governs the next move. Eric Garcetti speaks about hopes he has during this dark time. Mayor Garcetti shared how the announcement of Governor Newsom’s framework will directly influence Los Angeles. ... read more »
Unemployed Californians With No Children Could Lose Food Stamps
January 23, 2020
Last week, the state of California joined 13 other states — as well as New York City and the District of Columbia — in a lawsuit filed against a new Trump Administration food stamp policy scheduled to take effect April 1. ... read more »
Black Press Joins Congressional Black Caucus in Denouncing New Cuba Travel Ban
November 7, 2019
Rep. Karen Bass (D-Calif.), the chair of the CBC, said suspending flights from the United States to all destinations outside of Havana is yet another cruel and counterproductive policy put forth by the Trump administration. ... read more »
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