Monday, October 10, 2011
Monday, September 19, 2011
Monday, August 22, 2011
Tuesday, August 16, 2011
Friday, August 5, 2011
Black Unemployment Drops Slightly, Remains Steady for Black Men
by Dr. Boyce Watkins, Your Black World – Scholarship in Action
The recent release of data from the Bureau of Labor Statistics indicates that Black unemployment declined during the month of July. It had reached 16.2 percent and dropped over the course of the month to 15.9 percent. While the number is an improvement, it is still nearly double that of white Americans.
Thursday, August 4, 2011
Stock Market Sees Worst Drop in Three Years
Your Black World reports.
The stock market plunged to its worst day since the 2008 financial crisis. The Dow Jones Industrial Average moved down 512 points, the ninth biggest drop in history, as investors fears that there would be a global economic downturn.
Sunday, July 31, 2011
Getting the Wedding You Want with No Drama
by George James
The summer is a time for warm weather, vacation, family reunions and weddings. Many couples plan their wedding during the summer and fall months. Planning a wedding can bring a lot of stress and drama to the couple. From deciding when and where to get married, to working on the guest list and to figuring out how you will pay for the wedding. Stress and drama can also come from what other people want for your wedding and from handling major conflicts such as faith, money or where to live after the wedding. It is possible to get the wedding you want and not have any drama, even with all the possibilities leading up to the wedding.
Thursday, June 23, 2011
Wednesday, June 15, 2011
Monday, May 2, 2011
Black Unemployment More than Double Whites for Michigan Residents
Your Black World reports
A recent report by the Economic Policy Institute has revealed that the economic situation for African Americans is disproportionately bad for the state of Michigan. According to the report, African Americans in Michigan have had an unemployment rate above 20 percent for every quarter since the start of 2009. Their 2010 annual unemployment rate was 23.4%. White Michigan residents currently enjoy an unemployment rate of only 9.5% for last quarter.
The conditions are so bad that the lowest black unemployment rate since 2008 (12.2%) is only slightly lower than the highest unemployment conditions experienced by whites in Michigan (12.7%). So, their terrible times are our good times and our horrible times don’t get attention from political leaders whatsoever.
Perhaps we don’t live in a post-racial America after all, since the unemployment picture is clearly different for blacks and whites.
Please join the Your Black World Coalition by visiting YourBlackWorld.com
Saturday, April 30, 2011
Friday, April 29, 2011
Do Black Women Have a Preference for Thugs? (Video)
In this episode of Your Black Love, Deborrah Cooper and I ask whether or not black women have a preference for dating men that are not good for them.
Do you know a woman who dates one bad guy after another and then seems to spend all of her time whining about the fact that she can never find a good man? Yea, I have too. Well, it seems to me that, at some point, we must all have some degree of accountability for our relationship choices.
Thursday, April 28, 2011
Should You Need a License to Braid Hair? A Woman Files a Lawsuit Over the Issue
by Dr. Boyce Watkins, Your Black World – Scholarship in Action
Jestina Clayton is a woman in Utah who is originally from Sierra Leone in West Africa. She does African braiding part-time in order to make extra money. She is now being confronted with the loss of significant income, since a law in the state of Utah claims that you must have a full cosmetology license in order to braid hair.
Clayton filed suit this week in the court of law. She is being backed by the Institute for Justice, a Virginia-based organization that helps people like Clayton challenge unjust laws.
Black Unemployment Reaches Depression Levels in Many Major Cities
by Janell Ross, Huffington Post
CHARLOTTE, N.C. -- In the decade leading up to the Great Recession, Wanda Nolan grew accustomed to steady progress.
From an entry-level job as a fill-in bank teller, she forged a career as a commercial banking assistant, earning enough to become a homeowner. She finished college and then got an MBA. Even after the recession unfolded in late 2007, her degrees and her familiarity with the business world lent her a sense of immunity to the forces ravaging much of the American economy. Nolan was an exemplar of the African American middle class and the increasingly professional ranks of the so-called New South.
But in September 2008, everything changed.
A bank human resources officer called her into a private conference room. “All I heard was, ‘Your position has been eliminated,’” says Nolan, 37, who, despite being one of the more than 13 million officially unemployed Americans, still spends most days in her self-styled banker’s uniform of pearls and pants and practical flats. “My mind started racing.”
More than two years later, Nolan is still looking for a job and feeling increasingly anxious about a future that once felt assured. Her life has devolved from a model of middle class African American upward mobility into an example of a disturbing trend: She is among the 15.5 percent of African Americans out of work and still looking for a job.
For economists, that number may sound awful, but it’s not surprising. The nation’s overall unemployment rate sits at 8.8 percent and the rate among white Americans is at 7.9 percent. For a variety of reasons -- ranging from levels of education and continuing discrimination to the relatively young age of black workers -- black unemployment tends to run twice the rate for whites. Yet since the Great Recession, joblessness has remained so critically elevated among African Americans that it is challenging longstanding ideas about what it takes to find work in the modern-day economy.
Millions of people like Nolan, who have precisely followed the oft-dictated recipe for economic success -- work hard, get an education, seek advancement -- are slipping backward. Even as they apply for jobs and accept the prospect of a future with less job security and lower pay, they remain stalled in unemployment.
Trading down has become a painful truth for much of working America, but this truth becomes particularly stark when seen through the prism of race. Only 12 percent of all Americans are black, but working-age black Americans comprise nearly 21 percent of the nation’s unemployed, according to federal data. The growing contrast between prospects for white and black job-seekers challenges a cherished American notion: the availability of opportunity and upward mobility for all.
Wednesday, April 27, 2011
A Black Prof Discusses Racial Bias in Financial Decisions
Your Black World reports
Have you ever tried to get a loan, and felt that you weren’t being treated the same as if you were white? What about watching that promotion at work being given to the white guy down the hall when you were the one slaving night and day for 20 years? Well, this feeling is not uncommon. A recent survey at YourBlackWorld.com showed that nearly 90% of African Americans feel that they’ve experienced some kind of discrimination in the workplace. In spite of our having a black president and attorney general, new laws have not been introduced to help people of color fight discrimination in the workplace.
Another prominent type of discrimination is the racial bias in other kinds of financial decisions. Millions of black people were victims of predatory lending during the recent financial crisis, leading to a massive decline in black family wealth over the last decade. Additionally, the ability to build a business, get government contracts or do other things to create financial security for your family can be impacted by the color of your skin. Prof. Stephanie Yates Rauterkus at The University of Alabama Birmingham speaks on the topic in the video below.
Click here to watch the video
To join the Your Black World Coalition, please visit YourBlackWorld.com.
Thursday, April 21, 2011
NAACP Report on Gulf Coast: Healing Is Nowhere Near Being Complete
“My Name is 6508799”
State of the Gulf, One Year After the Oil Drilling Disaster
This numbered moniker is how a participant at the Destin, Florida Town Hall meeting with Gulf Coast Claims Facility Administrator Kenneth Feinberg introduced herself.
For many residents residing in communities along the Gulf of Mexico, they feel as if their lives have been reduced to a number in the Gulf Coast Claims Facility database which holds so much power over life, livelihood, health and overall wellbeing.
One year after the Gulf Oil Drilling Disaster of April 20, 2010, thousands of Gulf residents not only have not been “made whole” from the disaster, but many have faced elevated levels of toxins in their bloodstreams, community conflicts, destruction of families, culture erosion, loss of property, including homes, cars, boats, etc., and, for many, an end to their way of life for the foreseeable future. Only a fraction of Gulf residents truly believe that the systems that have been set up to serve them have made demonstrable strides towards “making it right”, as has become the mantra representing the aim of recovery and restoration processes.
Based on dozens of interviews with affected communities and the organizations that represent them, a review of consensus documents and other reports from technical experts as well as organizations representing thousands of gulf residents, and examination of response systems set up to address the Gulf Oil Drilling Disaster, this report tells the illustrative stories and shares the analysis of the pervasive unmet needs and gaps in the response system one year after the Deepwater Horizon Macondo Well explosion took 11 lives and dealt a crippling blow to the ecosystem, including the communities, of the Gulf of Mexico.
Deborrah Cooper Explains What It Means for a Woman to “Submit” To Her Man
by Dr. Boyce Watkins, Your Black World
Given the importance of the critical theme of black relationships (which we’re hitting from various angles this week on YBW), I had to get another perspective on some of the things that folks are quoting from the bible as it pertains to how black relationships need to be structured. What does it mean for a black man to “lead” in his relationship? What does it mean for a woman to “submit?” One thing that many of us can agree on is the fact that black relationships have been falling apart for a very long time. The majority of our homes are being run by a single parent, and far too many children are growing up without their fathers in shouting distance. What some don’t acknowledge is that there is a direct correlation between the break down of the black family and the growth of the prison industrial complex. Locking up men for decades for the sale of drugs that were brought into our communities has devastated many of us, and urban decay in the 1980s led to job losses with few viable alternatives to illegal activity. A recent study in The Economist showed that a one percentage point increase in the incarceration rate leads to a 2.4 percent decline in the percentage of black women who eventually get married.
Wednesday, March 23, 2011
Forest Whitaker and the IRS: The Problems Keep Growing
by Dr. Boyce Watkins, Syracuse University – Scholarship in Action
Hollywood superstar Forest Whitaker was recently hit with a large tax bill after failing to pay $185,000 he owed to the IRS. The tax collectors in California have cited Whitaker and filed a lien for the balance. Both he and his wife Keisha are named in the complaint, which was filed in the Los Angeles County Recorder of Deeds.
It was reported in 2009 that Whitaker owed $1.29 million in state and federal taxes. Whitaker is not the only Hollywood megastar to have tax problems. Actor Wesley Snipes is in prison until 2013 after being charged with failing to file tax returns for three years.
Chris Tucker was hit with some very serious tax problems himself, as the LA County Records Office showed that Tucker owed over $11 million in taxes up through 2006. Actor Nicolas Cage was also found to owe millions to the IRS.
Monday, March 21, 2011
Dr. Boyce Spotlight: Black Female Entrepreneur Teaches Math to Make Her Money
by Dr. Boyce Watkins, Syracuse University – Scholarship in Action
What is your name, and what do you do?
My name is Stephanie Espy, and I'm the founder and president of MathSP (www.MathSP.com). MathSP is a math enrichment company that helps individuals to improve their math skills. Based in Atlanta, Georgia, MathSP provides instruction to middle school students, high school students, college students, adults who need additional math-based resources alongside their coursework, and students who need an added challenge beyond their coursework. MathSP also prepares individuals for the math section of various standardized tests such as the SAT or ACT, computer-adaptive exams such as the GMAT or GRE, and state exams such as the EOCT or GHSGT.
Wednesday, March 16, 2011
The Tom Joyner Cruise Sets Sail: How Black People Need to Network
by Dr. Boyce Watkins, Syracuse University – Scholarship in Action
This morning, I got a text from my respected colleague, Roland Martin. I can't remember what Roland and I were talking about, but I do remember what he told me at the end of our conversation. Roland mentioned that he couldn't do anything next week because "the cruise is leaving in a couple of days." I immediately became jealous, because I knew he was talking about the Fantastic Voyage, hosted by Tom Joyner.
I'm not always big on black folks looking for another party, but there is something I love about the Tom Joyner Cruise. Anyone who's ever been on a cruise knows that seeing another black person on a cruise ship is like searching for Louis Farrakhan at a Klan rally. While cruises can be fun, comfortable and even exciting, there is a dryness that people of color experience from a lack of cultural diversity.
Friday, February 4, 2011
Sil lai Abrams: How to Deal with Financial Insecurity
by Sil lai Abrams – Sepiaprocess.com
When times are difficult for us financially, we can become paralyzed by fear. As the fear grows in our mind we often get stuck focusing on the problem and not actively searching for a solution. Our attention becomes fixated on our creditors and as we look at our mountain of debt we can become weighed down in despair and shame. “I’m never going to get through this” or “This is more than I can handle” begins to play on a constant loop in our brain. Some of us respond to our problem with denial. Instead of facing our lack of money, we spend as if we have unlimited resources, compounding our original financial instability. Or, we may isolate from others and numb ourselves with food, alcohol or television. Sometimes we avoid dealing with our situation by throwing ourselves into a relationship that takes up all of our time. None of these counterproductive behaviors do anything to bring us closer to a solution. They only keep us stuck in our problem by postponing or delaying our eventual day of financial reckoning.
CEO Speaks Back to Bishop Eddie Long’s Financial Mismanagement Allegations
Bishop Eddie Long did a Youtube appeal to former Capital City Corp CEO Ephren Taylor about members of New Birth Missionary Baptist Church who allegedly lost money as a result of their investments. Taylors reps have responded with this statement below:
FOR YOUR IMMEDIATE ATTENTION
January 31, 2011
MEDIA CONTACT:
Candace Reese J.
Envision Global
(678) 367-3117
C.Reese@EnviGlobal.com
STATEMENT FROM EPHREN W. TAYLOR ON BISHOP EDDIE L. LONG
YOUTUBE VIDEO APPEAL AND NEW BIRTH MISSIONARY BAPTIST
CHURCH WEALTH TOUR 2009
ATLANTA, GA (EnviGlobal.com) – Business Accelerator and entrepreneur, Ephren W. Taylor releases the following statement regarding the recent Youtube.com video appeal posted by New Birth Missionary Baptist Church pastor, Bishop Eddie L. Long:
Due to many inaccuracies, and based upon what I view as a direct character assassination and an attempt to paint a picture of an inability, on my part, to take responsibility for the actions of City Capital Corporation during my tenure as CEO, I am extending facts relative to the aftermath of the Wealth Tour at New Birth Missionary Baptist Church.
Wednesday, January 12, 2011
Dr. Boyce Spotlight: Black Relationships Guru Builds Career from Giving Advice
Given that I've always been concerned about the breakdown of black families, I thought I would reach out to a woman who's made a career out of speaking to the challenges of black relationships. Her name is not Steve Harvey, so she's not a comedian. Instead, she's serious about figuring out what it takes to make our relationships work and she's even asked if the black church keeps women single and lonely. We can't let either black men or black women off the hook when it comes to the breakdown of our families, for both parties react in ways that are reflective of hundreds of years of societal abuse. As a result, black men and women end up angry and hurt by one another with both sides pointing fingers. But at the end of the day, you are the one who is responsible for your own behavior, so if your relationships are all falling apart, your journey must start by glancing into the mirror. While simply choosing better people to date might be part of the solution, that can also be a copout (since you spend your life searching for "the one" who can manage all of your own dysfunction). Instead, honest reflection on the manner by which you go about loving people who come into your life is probably more important. It is because of my concern on this issue that Deborrah Cooper is today's Dr. Boyce Watkins Spotlight for AOL Black Voices.
1) What is your full name and what do you do?
Deborrah Cooper is my given name. I'm a dating expert, writer/columnist and broadcast journalist. I've been writing controversial relationship based articles and dating advice columns under the pen name "Ms. HeartBeat" since 1992. As a matter of fact, I served as the relationship columnist on AOL's "other" Black channel (NetNoir) in the mid- to late 1990s.
Monday, January 10, 2011
Three Things Obama Can Do for Black People
by Dr. Boyce Watkins, Syracuse University – Scholarship in Action
I was shaking my head over and over again in preparation for a conversation we are going to have on NPR tomorrow about President Obama. The show is called "Talk of the Nation," and I had the esteemed honor of being the resident black guy, as the other two guests are set to discuss various elements of foreign and domestic policy. I'm just joking about the "black guy" thing, since I'm just happy they didn't choose someone like Juan Williams.
At any rate, my brain started spinning on how President Obama can best use the remainder of his first term as it pertains to people of color. I thought carefully about what he's done, what he's doing, what he's up against and what matters to us. In my course of thought, I came to a few conclusions.
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