Radio One

Last Friday, February’s jobs report was released, boasting a decrease in unemployment at 7.7 percent, which is the lowest level of unemployment in four years.…

National

African Americans continued to be battered by a high rate of unemployment on the eve of the high-stakes presidential election, as numbers rose in October…

Radio One

Too often during this election season, discussions of how Black males are faring economically have been lumped in with rants about “shared responsibility and sacrifice.”…

WASHINGTON — A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. SEE ALSO: Are Will And Jada Divorcing Obama Refocuses Military The Labor Department said Friday that employers added a net 200,000 jobs last month and […]

NEW YORK — The number of Americans filing for their first week of unemployment benefits jumped sharply last week, two weeks after hitting a 2-1/2 year low below 400,000. There were 445,000 initial jobless claims filed in the week ended Jan. 8, the Labor Department said in a weekly report Thursday. That’s up 35,000 from […]

New York — Peter S. Goodman at The Huffington Post has written an article on the effects of the recession on Black America in comparison to its affect on white America. Among white people, the unemployment rate dropped in December to 8.5 percent — hardly acceptable, but manageable were the government spending more to expand […]

President Barack Obama is expected to sign legislation that will extend the Bush-Era tax cuts for the wealthy and also extend unemployment benefits to 13 months and cut payroll taxes by 2%. RELATED STORIES Bush Tax Cuts Extension Deal Passes The House CBC ‘Overwhelmingly Opposed’ To Obama’s Tax Cut Deal

The tax bill that extends the Bush tax cuts and slashes the estate tax while extending unemployment benefits has passed the House House by a vote of 277-148 and is heading for the President to sign, according to The Huffington Post RELATED STORIES Attacks From Right Take Toll On Obama’s Tax Plan CBC ‘Overwhelmingly Opposed’ […]

From HuffingtonPost.com: This week Congress will consider legislation to reauthorize extended unemployment benefits for the rest of the year. It’s going to be an epic fight: Republicans in the Senate will likely do everything they can to stand in the way of a bill projected to add $123 billion to the deficit, forcing Dem leadership […]

From the Associated Press: WASHINGTON — Under pressure to stem the foreclosure crisis, the Obama administration launched a plan Friday to reduce the amount some troubled borrowers owe on their home loans and give jobless homeowners a temporary break.

From The Hill: The jobs bill on its way to the president’s desk will not help the black community, Rep. Elijah Cummings (D-Md.) said today.

Via WRAL.com North Carolina’s unemployment rate jumped to a record high of 11.2 percent in December, with employment dropping by more than 31,000, the state Employment Security Commission reported Friday. The rate surpassed the previous high of 11.1 percent, which was set last May, and ended a string of five consecutive months where unemployment had […]