NewsOne is proud to welcome our new cartoonist Kevin Eason. You should expect new pieces from Kevin on a weekly basis as he tackles topics in popular culture ranging from politics, sports, and entertainment. Today, he took on the American job market and how “dry” it is. Check it out for yourself. Kevin Eason is […]
For decades, many African Americans grew accustomed to a middle class lifestyle in their homes across the country. Lives that were built through hard work; climbing up the corporate ladder from entry level positions to the corner offices. But with foreclosures and the continuing recession, many African-Americans find themselves in dire straits. Close to 15.5 […]
CNN Money’s Poppy Harlow joins Roland Martin on the Tom Joyner Morning Show to discuss comments made by the head of industrial conglomerate 3M (MMM, Fortune 500). 3M CEO George Buckley blasted the president as being “anti-business,” saying that the policies of this administration make business want to do business elsewhere.
NEW YORK — The number of Americans filing for their first week of unemployment benefits jumped sharply last week, two weeks after hitting a 2-1/2 year low below 400,000. There were 445,000 initial jobless claims filed in the week ended Jan. 8, the Labor Department said in a weekly report Thursday. That’s up 35,000 from […]
New York — Peter S. Goodman at The Huffington Post has written an article on the effects of the recession on Black America in comparison to its affect on white America. Among white people, the unemployment rate dropped in December to 8.5 percent — hardly acceptable, but manageable were the government spending more to expand […]
Washington — President Barack Obama is expected to sign legislation that will extend the Bush-Era tax cuts for the wealthy and also extend unemployment benefits to 13 months and cut payroll taxes by 2%. RELATED STORIES Bush Tax Cuts Extension Deal Passes The House CBC ‘Overwhelmingly Opposed’ To Obama’s Tax Cut Deal
Washington — The tax bill that extends the Bush tax cuts and slashes the estate tax while extending unemployment benefits has passed the House House by a vote of 277-148 and is heading for the President to sign, according to The Huffington Post RELATED STORIES Attacks From Right Take Toll On Obama’s Tax Plan CBC […]
President Obama said Wednesday that Congress should reauthorize extended unemployment insurance for the long-term jobless.
As the nation’s largest peacetime jobs program – the U.S. Census 2010 effort – winds down and its temporary workforce continues to join the ranks of the unemployed, a growth in private sector jobs was not enough to keep the unemployment rate from climbing slightly – one-tenth of a percentage point to 9.6 percent – […]
Another month, another grim jobs report. We lot 54,000 jobs in July. Most of those — in fact, 114,000 of them — were expiring census jobs. The private sector added jobs slowly but steadily, posting 67,000 in gains. This report doesn’t really tell a story of recovery nor of recession. It’s just stagnation: We’re not […]
