Washington, DC – Congressman Chaka Fattah (PA-02), a senior member of the House Appropriations Committee, issued the following statement on the October 2015 jobs numbers released today: “Today’s job report is great news for the U.S. economy. The numbers released today indicate that the unemployment rate has dropped to 5%, the lowest in the last […]
Jobless Rate Drops, But Pain, Despair Persist In Weak Economy
By David Moberg (In These Times) – The headline news on Friday that the unemployment rate in November dropped 0.4 percent to 8.6 percent may help President Obama avoid losing his job next year. But the reality behind the figures will not—and that reality includes a big dose of stress, anger, despair and insecurity even […]
Mayor Bloomberg Joins Fight Against “Black Mancession”
By Marc H. Morial (To Be Equal #32) – The great recession was officially declared over in 2009, but the events of the last few weeks make it clear that while Wall Street and big business may be coming back, the economic recovery has remained out of reach for millions of Americans. Last week, in […]
Julianne Malveaux: Keeping a Healthy Mind in a Sick Economy
By Dr. Julianne Malveaux – Amy Winehouse seemingly had everything to live for. An exceptionally talented songbird, a phenomenal writer, with two best-selling albums under her belt, she was also manic-depressive and amazingly troubled, living out her issues in the headlines. Every time she had an “episode”, a fight with a fan, an incoherent performance, […]
Work is a Necessity
By Dr. Julianne Malveaux – I consider myself something of a wordsmith, so I am always amazed in the work of others, especially when they are government bureaucrats. The most recent unemployment figures, which show the unemployment rate rising, and the pace of job creation slowing, are interesting and incisive. The Employment Situation says that […]