Economy at a Crossroads News

As unemployment drops for most, black teens see 8-point spike

By Anthony Calypso

10:05 AM on 12/04/2009

Although the unemployment rate for African-Americans dropped to 15.6 percent in November, the unemployment rate for black teens stands at 49.4 percent - a sharp increase from last month's number of 41.3 percent...

Minority groups want audacity from Obama on job creation

By Michael E. Ross

8:41 AM on 12/03/2009

OPINION - The absence of jobs may be made worse by Obama's reluctance to take a more aggressive, personalized approach in pursuit of more public-works projects...

Myths that keep black Americans unemployed

By John McWhorter

8:48 AM on 12/01/2009

OPINION - Opportunity isn't what it was a few years ago, to be sure. But recessions pass, and people promulgate the myths even when the economy is flush anyway...

3 ways to find financial freedom as unemployment rate rises

By Dr. Boyce Watkins

7:21 AM on 12/01/2009

OPINION - They say If you teach a man to fish, you feed him for a lifetime. But the person who really has power is the one who owns the fishpond...

Layoffs lead to start-ups of new black businesses

By Ethyln Harris

9:40 PM on 11/29/2009

The saying "when life gives you lemons, make lemonade" seems easy until you're faced with exactly that prospect...

Why any old job ain't good enough

By Talia Whyte

9:22 PM on 11/29/2009

OPINION - It never ceases to amaze me that with all the strides people of color have made, we are still having this conversation about decent wages with health insurance and retirement security.

Three ways unemployment is straining black families

By Dr. Jeff Gardere

9:20 PM on 11/29/2009

OPINION - It stands to reason that as poverty and unemployment rates increase for black men, they will experience much more anger and frustration...

Essence says rumors of folding are untrue

A recent gawker.com post has the internet abuzz with speculation over whether Essence magazine is in danger of folding...