Home » The Economy » Latest Articles:

Understanding Unequal Unemployment

July 17, 2009 Front Page No Comments


The unemployment rates you hear on the news are misleading. The overall unemployment rate is currently at a shocking high of 9.6%–but the ethnic breakdown of this figure is still more disturbing.

According to a study released July 15 by The Economic Policy Institute, minorities are significantly more likely to be jobless than their white counterparts. Part of this can be attributed to the recession, which has taken its toll on non-white communities the worst.

Yet even this cannot account for the shocking unemployment gap that exists. African-Americans typically suffer unemployment rates that are twice as high as their white peers, while Hispanics come in at 1.5% more than Whites. For example, currently in Alabama there is a 5.8% unemployment rate for whites while for African-Americans it jumps to 15.1%! In Louisiana, African-Americans were three times more likely to be jobless. And the same is true for Hispanics, who’s unemployment rates are suspected to be higher than reported (it is thought that many illegal aliens would have feared taking part in this study).

The bad news is that the unemployment gap between whites and minorities is increasing. The good news, however, is that there are tentative plans to improve the situation by imposing a small tax on stocks to create extra resources for job creation in these hard hit communities.

Find out more about the inequalities of unemployment rates, and how you can GET INVOLVED at http://www.reuters.com/article/domesticNews/idUSTRE56E83L20090716.

Posted by:

Killing Outreach Programs (Indirectly) Kills Kids

July 16, 2009 Front Page No Comments


It’s unthinkable that a kid is killed in a drive-by while at an Anti-Violence Rally. Yet that’s precisely what happened to 13 year old Tamrah Leonard in Trenton, New Jersey last Sunday! Abomination! How is society not outraged at this heinous act?

Sadly, it was not an isolated incident.The economic recession has had an adverse affect on homicide rates, which are skyrocketing. Homicide is now the leading cause of death among young African American youth, and the number two cause of death for all other youth aged 10-24. Dire straits mean that desperate youth are becoming increasingly likely to resort to violence. At the same time, decreased funding means that many after-school programs–which have been proven to get youth off the streets and lower crime rates–are at risk of being reduced or eradicated entirely.

Thankfully, outreach programs provide hope that change is on the horizon. Find out more about these matters of life-or-death, and WHAT YOU CAN DO TO HELP, at http://www.campusprogress.org/fieldreport/4284/killing-the-programs-we-need-most.

Posted by:

Homeless Families Hit the Streets

July 7, 2009 Front Page 1 Comment

Aren’t you glad summer’s finally here? The recent reemergence of the sun makes me crave days at the beach and nights spent camping. But the recession means that for many (hell, most of us) a vacation simply isn’t that feasible this year.

We should consider ourselves lucky if that’s the worst recession can do. It’s hit a lot of people a lot harder. Every year, the number of families who are homeless skyrocket at the beginning of summer. This year has been particularly bad. People from 10 000 families will become homeless in New York alone this summer, an increase of more than 28% from last year. At last count, that number had already hit 9420—9420 moms, dads, brothers, sisters, and children on the street in one city. That’s A LOT of people—so many, that if you wanted to meet them all, one a day, it would take you more than 27 years.

But numbers are just statistics. They don’t tell the whole story. People do. Like 11 year old Arielle Figueras, who completed fifth grade one day and was in a shelter with her family the next. Or the Dixon family, who were evicted in April, have been separated in various homes since then, and are now reunited on the streets. Families who had found short-term solutions—like staying with relatives or asking the landlord to temporarily take pity on them—are booted out now that the weather is warmer and the kids are out of school and underfoot.
… Continue Reading

Posted by:

Skinny Wallets = Obesity = Skinnier Wallets

July 2, 2009 Front Page No Comments


Think the lack of jobs and toned down Independence Day Celebrations are bad enough? Think again. Not only are we getting sparklers instead of fireworks this year, but the recession will probably increase our waistlines in the process.

Here’s how it works. The recession means most of us have less money, which means we are buying cheaper food: processed, packaged, and ready-to-eat, rather than healthier but more expensive options such as fresh veggies and fruits. Furthermore, many people are being forced to go out and work two jobs, or to work longer hours, just to make ends meet. So instead of having one parent at home or being able to work part-time and devote time to cooking, we are grabbing a cheap bagel oozing with transfats, carbs, and grease rather than making a healthy meal at home. Less money and more hours spent at work also mean less time and funds to work all those extra calories off at the gym.

… Continue Reading

Posted by:

Time for America’s Check-Up

June 29, 2009 Front Page No Comments

Are you one of the 46 million Americans who don’t have health insurance? Think you’re paying too much for too little if you do? Either way, you’ll probably welcome the news that a plan for health care reform is one step closer, thanks to an announcement Obama made Sunday that placed reform costs at 1 trillion dollars over ten years rather than the 1.8 trillion dollars that had been announced earlier. It’s a reform he labeled a “necessity rather than a luxury.”

Just about everyone agrees that it’s necessary to offer insurance to all Americans and to control healthcare costs from skyrocketing. Despite this, a bipartisan agreement is still far from a done deal. Much of the disagreement stems from a public/private divide and from concerns over the sheer amount of money needed to overhaul the system. Some feel that 1 trillion dollars is still too much money to be spending on health care—which it is. It’s a lot of money period. But in the grand scheme of things, it feels like something worth investing in. Put it into context: in 2009 alone the US will be spending 1 trillion dollars on defense-related issues, including the military and two wars. What’s another trillion dollars spread out over ten years, especially if it is an investment in the future happiness and well-being of Americans?

Besides, the system can’t get worse than it already is. The US pays more for health care than any other country—approximately $5711 per person each year. And you get significantly less bang for your buck than other countries: lower life expectancy, higher infant mortality, and less coverage (15% of Americans don’t even have access to healthcare). It’s kinda like forking over the money for a gourmet meal and ending up with a corn dog.

At this rate, any reform seems better than no reform at all.

Posted by:

Recent Comments:

  • spatton2050: Props to Jay-Z for speaking up....
  • Tonendazone: Becca is one of the realist artists that I know. She does not play around when it comes to music . That "by any mea...
  • Tonya Randolph: I LOVE IT!!!! So Proud!!! ~_~ Great Job!! I wanna see your name in Lights in Hollywood Soon! Cousin keep Doing Grea...