Friday, August 5, 2011

Black Unemployment Drops Slightly, Remains Steady for Black Men

by Dr. Boyce Watkins, Your Black WorldScholarship 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.

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