The Black unemployment rate in August 2025 surged to 7.5%, double the rate for white workers, and asset-building programs like the Family Self-Sufficiency program are essential to help families weather unemployment, avoid eviction, and create security that income alone cannot guarantee.
Tag: Unemployment
Posted inNNPA
Degrees, But No Jobs: New Grads Celebrate While Facing Rising Unemployment
Recent college graduates in the tech and STEM fields are facing rising unemployment, with Black graduates and women being disproportionately affected, while the economy is expected to continue to strain without a surge in job demand or a mass exodus from the labor force.
Posted inBusiness
9 Facts About the Racial Wealth Gap
By Bria Overs Originally appeared in Word in Black Five hundred years. That’s how long experts say it would take for Black people to reach economic parity with white people and close […]
Posted inHealth
Why Aren’t Folks Filling Heart Medication Prescriptions?
By Alexa Spencer Originally appeared in Word in Black You don’t need to be a doctor to know taking medication as prescribed can save your life, especially when you have […]
Posted inNational, Opinion, Politics, Word In Black
Why the CBC Needs to Champion an Economic Justice Agenda
The Congressional Black Caucus has the opportunity to issue a call for economic justice at its upcoming conference, and should consider ways to better participate in the Biden administration’s industrial plan, explore cooperative strategies, encourage strategic migration to four economically promising Southern states, and call for reparations to build institutional wealth.
Posted inBusiness
Counties with the highest unemployment in Texas
By Stacker While significantly lower than the alarming pandemic peak of 14.7% experienced in April 2020, unemployment rates remain a subject of concern, though experts’ views on a potential recession […]