Black Unemployment Rate Lowest Since 2009

WASHINGTON – The unemployment rate for Blacks fell from 13.7 percent in June to 12.6 percent in July, the lowest jobless rate for Blacks since January 2009, according to the latest jobs report from the Labor Department. Although economists warn against being too optimistic about one month’s jobs numbers, some economists found it unusual for […]

Blacks Still Face Challenges In Economic Equality

WASHINGTON – African-Americans have achieved tremendous gains in education over the past 50 years, but that has yet to translate into major progress toward economic equality, the National Urban League says in its latest State of Black America report. This year’s report, “Redeem the Dream: Jobs Rebuild America,” identifies unemployment as the biggest barrier to […]

The Black Unemployment Rate Drops for All the Wrong Reasons

WASHINGTON – There wasn’t much good news for any of the worker groups in the March jobs report, released last Friday. Even though, the unemployment rate fell to 7.6 percent, most economists agree that the drop is attributable to nearly half a million workers exiting the labor force. “The unemployment numbers look good on the […]

US adds 236K jobs, unemployment falls to 7.7 pct.

WASHINGTON – A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts. The February jobs report issued Friday by the Labor Department provided encouraging details: […]

How to Use Social Media for Job Searches

NATIONWIDE – Most professional job searches these days are at least started on the Internet. Yes, the big job boards are worth trolling, but if you’re a serious job hunter, you need more information than just a job posting — you need to dig deeper to research and network before you blindly shoot off a […]

Unemployment Remains at ‘Status Quo’

WASHINGTON – As lawmakers battled over tax rates and budget cuts, 155,000 Americans found work in December, according to the latest jobs report from the Labor Department. The gains were right in line with the average of 153,000 jobs added per month in 2012, indicating slow, steady growth in the economy. Even though the national […]

US Unemployment Applications Hit 5 Year Low: Calif. Leads The Way

NATIONWIDE – Applications for U.S. unemployment benefits dropped last week by 12,000 to a seasonally adjusted 350,000, the Labor Department said Thursday. The four-week average, a less volatile measure, fell to a nearly five-year low of 356,750. Still, many state unemployment offices were closed Monday and Tuesday because of the winter holiday and could not […]

Jobs Report Gives Obama Much-Needed Boost

WASHINGTON – President Barack Obama got much-needed good news Friday following his disappointing debate performance as the unemployment rate dropped to its lowest level since he took office. Republican rival Mitt Romney said Obama still hasn’t done enough to create jobs. The figures announced by the Labor Department – 114,000 new jobs last month to […]

Blacks Still Shoulder Weight of High Unemployment

WASHINGTON – Despite reports of a rebounding economy, joblessness among Africa Americans – like gas prices — have continued to dip, then escalate. According to the latest U. S. Labor Department findings, as of February 2012 the unemployment rate for blacks hovered at 14.1 percent compared to 13.6 for January, and 15.8 percent the month […]

U.S Unemployment Rate Reaches 3-Year Low

The U.S. job market strengthened in the second half of 2011 and added 200,000 jobs in December while the unemployment rate fell to 8.5% from a revised 8.7% a month earlier. December’s biggest growth came in transportation, especially courier services that staffed up for the holidays, and in health care and manufacturing, according to the […]