Tag: unemployment rate
A 1968 book-length report, titled “A Study of the Manpower Implications of Small Business Financing: A Survey of 149 Minority and 202 Anglo-Owned Small Businesses in Oakland, California,” was sent to the Bay View by its author, Joseph Debro, prior to his death in November 2013, and his family has kindly permitted the Bay View to publish it. The Bay View is publishing the report as a series. This is Part 15 of the report.
I am haunted by the words of Lesley McSpadden immediately following the shooting death of her son, Michael Brown: “Do you know how hard it was for me to get him to stay in school and graduate? You know how many Black men graduate? Not many. Because you bring them down to this type of level, where they feel like they don’t got nothing to live for anyway.”
Mike Parker has withdrawn from the Richmond mayor’s race so as to avoid splitting the progressive vote between himself and City Councilor Tom Butt, resulting in a victory for City Councilor Nat Bates, the candidate backed by Chevron, the corporation that for so many years claimed Richmond as a classic company town. KPFA’s Ann Garrison filed this report.
Like the country it governs, Washington is a city of extremes. In a car, you can zip in bare moments from northwest District of Columbia, its streets lined with million-dollar homes and palatial embassies, its inhabitants sporting one of the nation’s lowest jobless rates, to Anacostia, a mostly forgotten neighborhood in southeastern D.C. with one of the highest unemployment rates anywhere in America.
Since President Barack Obama signed his stimulus package into law in February, the U.S. Department of Transportation has handed out more than $150 million in contracts to companies for street, highway and bridge construction. New statistics released by the Transportation Equity Network (TEN) show that from that pot of money not a single dollar had been allocated to any African-American owned business.
As the United States delves further into a serious long-term recession, African Americans are facing the challenge of coming from a seven-year silent recession into a depression. What the national economy is going through could decrease the Black middle class by a staggering 33 percent.
This week the National Urban League submitted its "Economic Recovery Plan for Job Creation in Urban Communities" to both President-elect Barack Obama and Congress.