All Articles Tagged "unemployment"

Rocawear Laid Off Half its Staff for ‘Economic’ Reasons

January 18th, 2012 - By Brande Victorian
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Right as reports were swirling that Jay Z and Beyonce spent more than $1 million to buy out part of Lenox Hospital to give birth, and literally a day before Blue Ivy was born, the Jigga man’s company, Rocawear, laid off half of its staff.

“Economic reasons” were cited as the cause for letting go of 28 of the company’s 56 employees Jan. 6, according to the New York State Department of Labor. Could it be the investment in the flopped “Occupy All Streets” t-shirts they planned to sell for $22 a piece to remind people that “there is change to be made everywhere, not just on Wall Street,” dealt more than a blow to the company’s reputation? Critics were less than enthused when they found out Jay Z intended to keep 100 percent of the profits rather than donate them to the Occupy Wall Street movement. Ironically, the mogul who claimed to be down for the 99% ended up adding to their numbers in the end.

What do you think about this news in lieu of all Jay Z has spent on gifts, security, and preparations for Blue Ivy? Should his personal life be kept separate from his professional, or does this reflect poorly on him?

Brande Victorian is a blogger and culture writer in New York City. Follower her on Twitter at @be_vic.

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Obama Administration Announces Summer Job Program for Teens

January 5th, 2012 - By Veronica Wells
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Unemployment has threatened significant portions of the American population, including teenagers. With this issue in mind, the White House announced their plan to create 180,000 for young adults (16-24) with a goal of reaching 250,000.

Summer Jobs+ essentially partners with businesses, non profit organizations and other forms of government to provide employment for low income young adults. This program comes immediately after the president proposed a $1.5 billion plan to implement summer and year round jobs for this same age group but Congress did not act on it. Afterward the Federal Government and the private sector came together to create an alternative initiative. The Summer Jobs+ program is the result of those efforts.

Companies like Bank of America, Starbucks Coffee Co.  AT&T Inc. have committed to providing 26,850 jobs to the program.  Wells Fargo, CVS, Deloitte and Gap Inc., have also signed on to take part in this program.

You can get the rest of the story from the White House Press Release here.

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Ask a Very Smart Brother: Baby Daddy Drama and Supporting Your Man

December 28th, 2011 - By MN Editor
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protective black mother

Dear Champ,

I need some advice from a guy’s point of view, I recently broke up with my boyfriend of 9 years. We have 3 children together, my ex wants me to let our 2 sons live with him which in itself is no problem and I am happy that he still wants to be apart of their lives, my issue is he wants to also move this girl in that he met on the internet and they have only known each other for a short time.  I told him that if he wants to live with her that is fine but our sons will stay with me because I don’t know her and I don’t trust her.  I had a bad experience with my step-father so I am very protective about who I let around my children.  He stated that I should trust him enough to know that he would never put our kids in harm’s way but I feel that he is moving to fast and I don’t want the kids in the middle of a whirlwind romance. Am I being unreasonable and overprotective?

Concerned Babymama

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Why are blacks being shunned in the job market?

December 28th, 2011 - By whodges
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A few months ago, an estimated 5,000 unemployed souls braved the unrelenting, Dirty-South to attend a job fair in Atlanta where ninety companies were reportedly present. According to the Bureau of Labor Statistics, the national unemployment rate is 8.6 percent.

The black unemployment rate is nearly double at 15.5 percent, down from 16 percent in October – this includes 17 percent for black men, 13.8 percent for black women, and (gulp)… 39.9 percent for black teens.

Remember the unemployment rate doesn’t take into account those individuals who are either underemployed or have conceded rejection. So, in reality, black joblessness is somewhere along the lines of 30 percent. Why are so many African-Americans being shunned from full-time employment?

What do employers see or not see in us?

What’s our motivation for trying to embark upon a new career when every statistical number says blacks are being ignored in the job market?

“You got children, you got kids, you got bills,” said Derric Clayton, a former security guard with three children whose been seeking work since May. “You’ve got to stay somewhere. You don’t want to be homeless.”

In giving reasons for non-hire, a Chicago-based employer let the cat out the bag recently by citing a plethora of racial stereotypes in describing blacks as “uneducated,” “unskilled,” “unstable,” “illiterate,” “dishonest,” “lack initiative,” “unmotivated,” “involved with gangs and drugs,” “don’t understand work,” “lack charm,” “have no family values,” and are “poor role models.”

Now, those of us with common sense understand such racial stereotypes are completely untrue.

After all, the job market is saturated with legions of intelligent African-Americans equipped with college degrees and ample work experience. Still, perception is typically construed as reality. To bring about positive economic change, it’s imperative we take the steps necessary to invert our professional reputation.

We can start the correction process by condemning commercial forces that advocate and profit from the perilous sale of gangsta rap, misogyny, excess tattoos and all other filth counterproductive to landing gainful employment.

In addition to the aforementioned stereotypes, we can’t underestimate the rising economic power associated with globalization and outsourcing. With so many jobs being shipped overseas, labor intensive positions that once paid $20 per hour are now offering only $10. Without a college education, it’s very difficult to secure above average wages.

Compounding matters is the disturbing fact black dropout rates have skyrocketed in recent years while college enrollment has subsequently descended; specifically in the case of black men.

If morale isn’t low enough, studies have shown African-Americans equipped with college degrees are hired at a far lower rate than their white counterparts; regardless of GPA and/or experience.

Then there’s the theory claiming some employers simply refuse to interview candidates with black-sounding names. Imagine that? The Tyrones, Chiquitas and Alfonsos of the world don’t stand a chance.

High prison rates among people of color have played an even bigger role in the decimation of Black America as ex-convicts receive no love from employers.

Family Time Replaces Work Time For Jobless Dads

December 6th, 2011 - By Charlotte Young
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By Charlotte Young

These days the kids aren’t waiting in anticipation for daddy to come home from work. They’ve been with him all day. According to Bloomberg, while mommy is working, it’s the husbands that take on the role of keeping house and children.

Stay-at-home fathers are no new trend. According to family demographer Lynda Laughlin with the Census Bureau, the number has been growing since about 1988. But now, data from the Census Survey of Income and Program Participation shows that 54 percent of unemployed fathers with a working wife and preschool-age children are the primary caregivers, or the adult that spends the most time with the child. The number of dads providing consistent child care to children under 15 jumped to 32 percent in 2010.

Part of the reason behind the rise is attributed to the recession. Men were hit harder than women financially when the economy took a downturn. A report from the Pew Research Center revealed that men lost more jobs between December 2007 and May 2011 than women.

The recession may have taken a toll on the financial strength and the traditional roles in the family, but it certainly brought untold happiness to kids glad to have their daddy around.

“You can’t put a price on a father-daughter relationship.” Jeff VanderHejiden told Bloomberg. The former counselor at a residential program for troubled teens was fired last year, two weeks after he’d received a raise and a promotion.

But the recession can’t be blamed completely for the rising number of fathers as primary caregivers. Despite the loss, the study also revealed that men have regained job more quickly than women. It seems some men want to stay at home with the kids.

Ellen Galinksy, president and co-founder of the Families and Work Institute in New York, tells Bloomberg that as women become a stronger economic force, more men are deciding to stay home with the kids.

Some couples make the decision for the husband to stay at home as a financial decision regardless of the recession. After budgeting the potential cost of outside child care and the income of a low-paying job, they realize the two cancel each other out.

Patrick Spillman, 42 made the decision to stay home with his daughter for that very reason.

“If I’m making X and my wife is making X plus 10, who do you want making the money?”  He said to Bloomberg. “It’s a matter of dollars and cents.”

Interview Skills for the Jobseeker over 50

November 14th, 2011 - By MN Editor
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While you may have more experience than a 22 year old, fresh out of college, jobseekers over the age of 50 have the highest unemployment rate in the country right now.

Employers and interviewers can hold biases when it comes to hiring an older candidate. Once you land the interview, make sure you’re prepared with these tips and tricks from Black Enterprise.com.

The list includes not shying away from the age issue. Be the first to bring it up in the interview so you can both stop ignoring the elephant in the room.

You can read the rest of the tips over at Black Enterprise.com.

 

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How To Handle Being Fired

October 26th, 2011 - By Grace N. Edwards
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"job search"

In this uncertain economy, being “let go” can be devastating. Losing your job can take a toll on you both financially and emotionally, however, it doesn’t have to be the end of the world. With the right tools, you can overcome this setback and maybe even come out stronger. Here are some suggestions on how to cope with a job loss.

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Are Excuses Keeping You From Getting a Job?

October 10th, 2011 - By admin
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Are you blaming the white man or President Obama for your current employment status? If so dead all of that. Yes unemployment is awful right now… especially for black folk. But the bleak conditions don’t give you an excuse to give up.

If you’ve thought or uttered one of the above phrases then head over to Black Enterprise to refocus your outlook.

 

Are Unemployment Benefits Undermining the Recovery?

October 7th, 2011 - By TheEditor
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(New York Times) — Dan Tolleson, a researcher and writer with a Ph.D. in politics, has been out of work since 2009, except for brief stints as a driver. Still, he opposes President Obama’s call for Congress to renew extensions on unemployment benefits.  “They’re going to end up spending more money on unemployment benefits, while less money is coming in on tax returns,” he said, suggesting that the government should focus on measures that might encourage businesses to hire. “Far better to relax some of these outrageous regulations.”  Make no mistake — Mr. Tolleson, 54, has collected unemployment checks, saying he had little choice. But his objection to a policy that would probably benefit him shows just how divisive the question has become of providing a bigger safety net to the long-term jobless, a common strategy in recessions.  President Obama wants to continue offering benefits for an extended period of time, a maximum of 99 weeks, as is now the case. The measure is part of his jobs bill, which he once again called on Congress to pass in a press conference on Thursday.

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Does Obama’s Jobs Bills Have Legs?

October 6th, 2011 - By TheEditor
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(TheLoop21) — By now, you’ve heard the mantra from President Obama “pass this jobs bill,“ which he’s echoed no less than a thousand times throughout September to numerous voting constituencies, in the front and back yards of his political opponents and across every social media platform worth mentioning. Much of the money in the American Jobs Act bill is slated for infrastructure “shovel ready” jobs but can the bill really get those proverbial shovels in the dirt?  The dirty truth is that many jobs deemed “shovel ready” are anything but. In a recent Politico article, a Berekley professor said, “Unfortunately, there aren’t many jobs ready to go at the snap of a finger.” And earlier this week, when Obama visited GOP presidential candidate Rick Perry’s state of Texas, he was welcomed with an ad that reminded the administration of when Obama admitted himself that jobs weren’t as shovel-ready as he thought. So why so much focus on the shovel-ready if there’s little certainty that they will dig us out of unemployment?

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