Today’s jobs report tells most Americans already what they already know: We’re still mired in joblessness. But Imara Jones argues we should really fear the larger problem: There remains no plan for getting unstuck.
Mitt Romney and President Obama have slugged it out over the Detroit bailout. It’s clear at this point that the bailout revived the auto industry. But thus far, it’s not been enough to heal the most ailing part of Michigan’s economy: black employment.
January saw a remarkable three-point drop in black joblessness. Economists are skeptical it’s real. But why? Put on your data nerd hat, because we’ve got the explanation.
Widespread reports suggest would-be employers and placement agencies are weeding out applicants who are unemployed–leaving the long-term jobless with even fewer options.
The wealth gap is now larger than it’s been since the Census Bureau began counting it. The foreclosure crisis is part of the reason, but its more symptom than cause for the building catastrophe in the U.S. economy.
Colorlines’ D.C. reporter/blogger Shani O. Hilton will spend the summer blogging out the institutional and political hurdles, and the overlooked solutions.
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