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Recession

poverty-in-america-16x9

Recession widens wealth gap gulf between whites and Latinos, blacks

Adrian Carrasquillo, NBC Latino
NBC LATINO - The recession’s effect on the unemployment rate is widely known, but its profound effect on the wealth gap between races is only now coming into focus...
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the-black-1-percent-16x9.jpg

Behind black America's disappearing net worth

Shartia Brantley
theGRIO REPORT - We’ve endured The Great Recession and many of us feel as if we’re still in the midst of it. The Federal Reserve recently issued a report on just how negatively The Great Recession impacted Americans’ bottom line...
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Detroit, Michigan

Detroit may send no black representatives to Congress

theGrio
Detroit's population loss is beginning to effect it's national representation, for the first time in 57-years the city may not send a black representative to Congress.
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job-seekers-2011.jpg

Black women benefiting during weak jobs market

Zerlina Maxwell
theGRIO REPORT - Since December, black women have knocked more than 3 percentage points off of their unemployment rate, going down from 13.9 percent to 10.8 percent. That drop is the largest for any demographic group...
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227K new jobs in Feb., but black unemployment up

theGrio
WASHINGTON (AP) - U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the recession began...
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black-women-at-church-in-harlem-4x3.jpg

To tithe or not to tithe? Black churches are vulnerable

Shartia Brantley
theGRIO REPORT - Tithing, or giving 10 percent of your income to support the ministries of your church, is vulnerable during the slow economic recovery...
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occupy-los-angeles-protest-arrest.jpg

New study: Tensions between rich and poor rising

Jay Scott Smith
theGRIO REPORT - A new study shows that the conflicts between the rich and poor in this country have risen to its highest level in 25 years.
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black-chicago-citizens.jpg

Black Chicagoans used to economy's downside

Raqiyah Mays
theGRIO REPORT - Black folks in Obama's hometown of Chicago, Illinois have little confusion when it comes to the state of the economy...
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Economy_Wils.jpg

No new jobs: Black unemployment rises

theGrio
WASHINGTON (AP) - U.S. employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession...
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maxine-debt.jpg

Waters to black voters: 'unleash us' on Obama

Jeff Johnson
OPINION - Sparks flew during the Congressional Black Caucus "For the People Jobs Tour" town hall in Detroit, MI, when the reality of people's present condition overwhelmed decorum and order...
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