Economics

Unemployment rate in June increased for black men but it is better than it was the same month a year ago

By Frederick H. Lowe BlackmansStreet.Today The nation’s unemployment rate rose slightly in June so did the jobless rate for black men  20 years old and older, the U.S. Bureau of Labor Statistics reported Friday. Nonfarm businesses added 213,000 jobs but the unemployment rate in June was 4 percent, an increase of a 0.2 percentage point, which added 499, 000 persons[Read More…]

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Fewer infant deaths when U.S. cigarette taxes go up

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   by Christina Echegaray of Vanderbilt University Higher prices and taxes for cigarettes are strongly associated with lower infant mortality rates in the United States, according to a new study that shows the association is stronger for African-American[Read More…]

Flat or higher jobless rate for blacks in the third quarter

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   Massachusetts reported the lowest black unemployment rate,  D.C. and Illinois the highest   by Frederick H. Lowe The jobless rate for black workers remained flat or higher in October compared with September even though the nation’s nonfarm[Read More…]

Companies added 182,000 jobs in October

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   The nation’s non-farm private-business-sector added 182,000 jobs in October, the Roseland, N.J.-based ADP Employment Report announced Wednesday. ADP reported that small businesses, those with one to 49 employees, added 90,000 jobs. Medium-size companies of 50 to 499[Read More…]

Social Security: no COLA in 2016

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   by Frederick H. Lowe The Social Security Administration has announced there will be no automatic cost of living adjustment (COLA) for Social Security beneficiaries next year because there was no increase in inflation as measured by Consumer[Read More…]

U. S. chemical contaminator eyes Africa for profit windfall

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   Special to the Trice Edney News Wire from Global Information Network (TriceEdneyWire.com)  – The Michigan-based Dow Chemical Co. has renewed its plans to increase sales of industrial products in sub-Saharan Africa while earning greater profits. “Dow is[Read More…]

Housing boom was a bust for African Americans

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   By Jill Rosen Johns Hopkins University In the roller coaster ride that was the US real estate market in the first decade of this century, some US homebuyers found wealth while others took big hit — often[Read More…]

Minister Farrakhan calls for economic boycott during the upcoming holidays

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   Multi-issue Anniversary Speech Emphasizes Justice By Barrington M. Salmon (TriceEdneyWire.com) — Two decades after 1.2 million black men assembled, creating a blanket of humanity that spread across the National Mall from the U. S. Capitol to the[Read More…]

BMW to Pay $1.6 Million and Offer Jobs to Settle Federal Race Discrimination Suit

[ilink url=”http://www.northstarnewstoday.com”]Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.[/ilink]   (TriceEdneyWire.com) — The U.S. District Court for the District of South Carolina today entered a consent decree ordering BMW Manufacturing Co., LLC (BMW) to pay $1.6 million and provide job opportunities to alleged victims of race discrimination[Read More…]