The old saying “Last Hired and First Fired” that has been imbedded in Black American culture is ringing true – at least the later part. Recent data paints a worrying picture for African Americans, as unemployment figures have increased notably. Since April, 267,000 more African Americans are unemployed, contributing toContinue Reading
During World War II, black-owned businesses in the United States faced significant challenges due to racial discrimination and segregation. However, a survey conducted by Joseph Pierce found that from 1941 to 1944, these businesses experienced a remarkable increase of 174%. According to the results, 26% of overall purchases of AfricanContinue Reading
Black Unemployment Rate March 2023: 5.0%down from Febuary (5.7%). U.S. unemployment rate: 3.5% Historic Low for Black Unemployment Rate in March 2023: Closing the Gap and Increasing Labor Force Participation” In March 2023, the Black unemployment rate achieved a record low of 5%. Although this rate is still 1.5% higherContinue Reading
In 2021, a higher percentage of African American women (33%) were enrolled in college compared to White men (25%), White women (31%), Hispanic men (19%), Hispanic women (24%), and Black men (23%). Also, by 2021, 28% of African American women aged 25 and older had a bachelor’s degree or higher.Continue Reading
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The top field of degree for African Americans age 25 to 40 was Business Management and Administration according to an analysis of the 2019 Census Bureau ACS microdata sample. More than 177,000 African Americans in that age group held that degree with an average salary of $55,259 annually. Not farContinue Reading
Chemical Engineering was the top earning degree for African Americans age 25 to 40 with an average salary of $84,415 according to an analysis of the 2019 Census Bureau ACS microdata sample. As a matter of fact six of the top earning degrees were engineering degrees including Mechanical, Computer, Civil,Continue Reading
Black owned employer businesses in the United States increased 13.6% between 2012 and 2017 totaling 124,000 Black firms. These businesses employed 1,208,270 people, an increase of 23.9 percent from 2012; their payrolls totaled $26.1 billion, an increase of 30.3 percent (not adjusted for inflation). Almost 1 in 3 (32%) ofContinue Reading
One of the reasons health departments across the country are reporting African Americans with higher incidence rates of positive COVID-19 test results and deaths is related to their exposure as part of the front line essential workers. Nationwide African Americans are over-represented in some of the important jobs that haveContinue Reading
Nationwide there are 93 Black men with full-time jobs for every 100 Black women with full-time jobs but that number can vary greatly depending on the location.Continue Reading
