Category: Economy

June 2009 Unemployment rate increases slightly, more jobs lost, Black unemployment 14.7%

June 2009 Unemployment rate increases slightly, more jobs lost, Black unemployment 14.7%

There was little change in unemployment for the month of June, which went up to 9.5% from 9.4% in May. But 467,000 more jobs were lost during this period, up from 322,000 in May. In all, there are now 14.7 million unemployed Americans, an increase of 7.2 million since the...

James Guess: The Legal Lowdown on Credit Cards 2009

James Guess: The Legal Lowdown on Credit Cards 2009

BY JAMES “BIRD” GUESS Credit cards do not put people in debt, financial decisions that people make is what put them in debt! On May 22, 2009, President Obama signed The Credit Card Holder’s Bill of Rights Act into law, which could potentially help people become debt free quicker. This...

Gemna Holmes: If Tavis Smiley was White, Wells Fargo and “Ghetto Loans” would be Front Page News

Gemna Holmes: If Tavis Smiley was White, Wells Fargo and “Ghetto Loans” would be Front Page News

I thought Gemna Holmes from Gemna Speaks had an interesting take in a recent post regarding Tavis Smiley. I thought I’d repost some of it here: This is the third in a series of posts about Tavis Smiley and Wells Fargo, sponsor of the State of the Black Union (SOTBU)....

African-American unemployment rate up to 14.9%

African-American unemployment rate up to 14.9%

The U.S. jobs report out this morning shows that the national unemployment rate jumped from 8.9% in April to 9.4% in May. For African-Americans the news is even worse, with a 14.9% jobless rate for Black Americans. Please take a moment to comb through the numbers plainly laid out by...

NORTH TEXAS FOOD BANK DISTRIBUTION RISES, REVEALING NEW STORY OF HUNGER

NORTH TEXAS FOOD BANK DISTRIBUTION RISES, REVEALING NEW STORY OF HUNGER

Organization Distributes 3 Million More Meals, Sees Increase in First-Time Clients at Member Food Pantries & Feeding Programs First Summer Fundraising Campaign Launched to Help Meet Needs During Recession DALLAS (May 14, 2009) — Hunger is not a new issue, but it now has a new story. As the unemployment...

R.I.P. Dallas makes is presence known, gathers 600 young professionals to support “Vote No” Campaign

R.I.P. Dallas makes is presence known, gathers 600 young professionals to support “Vote No” Campaign

It’s amazing what a group of friends can do with an email a Twitter account, and a few facebook messages. Early this week I got an email from a friend that I trust. It read as follows: Hello: I would like to invite you as my special guest for theDallas...

CONGRESSWOMAN EDDIE BERNICE JOHNSON PARTNERS WITH TXDOT FOR “The EBJ Highway to Recovery”

CONGRESSWOMAN EDDIE BERNICE JOHNSON PARTNERS WITH TXDOT FOR “The EBJ Highway to Recovery”

Workshop for economic recovery opportunities for women, minorities and veterans Congresswoman Eddie Bernice Johnson will co-host a workshop with the Texas Department of Transportation (TxDOT) and the North Texas Tollway Authority (NTTA) on April 20, 2009. The workshop, titled “The EBJ Highway to Recovery” is designed to expand business opportunities...

Shawn P. discussing Convention Center Hotel at 5 and or 6 on WFAA 8

Shawn P. discussing Convention Center Hotel at 5 and or 6 on WFAA 8

I just finished shooting (Wednesday) an interview with Brad Watson from WFAA 8 a few minutes ago. Brad wanted my thoughts regarding the “Vote No” (For the hotel) campaign and a press conference that was held by a group of  Southern Dallas pastors who are against the hotel. The interview...

Congresswoman Johnson to hold Economic Recovery Workshop in Dallas, Shawn Williams to moderate panel discussion

Congresswoman Johnson to hold Economic Recovery Workshop in Dallas, Shawn Williams to moderate panel discussion

On Monday April 20th, Congresswoman Eddie Bernice Johnson will hold an economic recovery workshop, titled The Roadmap to Recovery. The workshop is designed to bring together representatives of financial organizations and federal and state agencies, who will share information on ways for North Texans to access economic recovery funding. Three...

Mayor Tom Leppert Letter to Dallas Voters regarding Proposition 1 – Dallas Convention Center Hotel

Mayor Tom Leppert Letter to Dallas Voters regarding Proposition 1 – Dallas Convention Center Hotel

The following is a letter from Dallas Mayor Tom Leppert that is being sent out to Dallas municipal voters this week. Tomorrow I will post a Question and Answer document that will accompany Mayor Leppert’s letter. April 3, 2009 Dear Friend, As you have probably seen, there are a lot...