Tune in to Dr. Leon Finney, Jr. as he discusses “Campaign for Youth Jobs .. Chicago Are We Up for the Challenge?” His “Another Perspective” talk show airs on WVON 1690AM – Chicago on SATURDAY May 25th from 4p – 5p CT (5p – 6p ET). Dr. Finney and other guests including Norm Bond will be examining the various dynamics around teen unemployment and the campaign for jobs for the youth.
The Chicago Board of Education approved the…Read full post
Dispelling the common notion that ex-felons don’t want to work, thousands turned out for a Philadelphia “job fair”. The unexpected crowd resulted in the City of Philadelphia organizers shutting down the career fair with thousands not even making it inside the planned venue. One disappointed job-seeker remarked “what is this, a publicity stunt?” (more…)
Crowdfunding (alternately crowd funding, crowd financing, equity crowdfunding, or hyper funding) describes the collective approach to raising money. Typically using the Internet, an entrepreneur or group shares their business idea to a “crowd” and provides the opportunity for individuals to contribute money to advance the business idea and receive some type of return as described by the posting entrepreneur. By raising small amounts of money from (hopefully) lots of individuals the financial goals are achieved and the project is…Read full post
When it comes to wealth — as measured by assets, things you own, like cash savings, retirement accounts, stocks, bonds, and homes — minus your debts, like mortgages and credit card balances — White families have far outpaced Blacks. Before 2007′s “great recession” , non-Hispanic White families, on average, were about four times as wealthy as non-White families, according to the Urban Institute’s analysis of Federal Reserve data. By 2010, Whites were about six times as wealthy. Watch the video below.
Bob Law, longtime radio host, entrepreneur and community organizer was recently interviewed on Reel Talk with Brother Jay on KJCB 770AM in Lafayette, Louisiana. The highly informative conversation revealed why Black-owned radio stations are going out of business on a weekly basis. It also explains specific actions members of the Black community must take in order to reverse these alarming trends.
Actor Wendell Pierce says “bringing fresh food into these areas helps create economic growth.” The New Orleans native is giving back to his hometown in a big way. He has launched a chain of grocery and convenience stores named Sterling Farms in low-income neighborhoods where supermarkets don’t boldly go.
New York, NY – A coalition of Black media owners, professional and political organizations are calling on African American consumers across the nation to begin immediately to redirect a minimum of $20.00 per week in spending to Black-owned businesses. The initiative being called “The Million Dollar Black Spending Power Campaign” is being organized by local groups in a number of key cities. It is…Read full post
So what do you do when your bottom line profit has grown from $63.5M US to $78.6M US and you’re “the world’s leading provider of correctional, detention, and community reentry services”? Why not pay $6 million US to put your name on a college football stadium? That’s what The GEO Group, based in Boca Raton, Florida did. It’s name will grace the Florida Atlantic University Owls football stadium. (more…)
Now many of us know this isn’t “breaking news”, but according to a new study published in the European Journal of Public Health, “earning low wages could put you at risk for high blood pressure.” I know you need to stop laughing right now, but seriously this is the type of research work that’s available out there. So you may want to put your entrepreneur hat on.
What was the process? Well. researchers examined the health data for…Read full post
When President Obama was sworn in on Jan. 20, 2009, the African-American unemployment rate was 12.7 percent. When he was sworn in a second time this year, the rate was 14.0 percent.
NAACP Chief Ben Jealous said, “Right now when you look at joblessness in this country — the country is pretty much back to where it was when this President started. White people are doing a bit better. Black folks are doing…Read full post