Posts Tagged ‘employment’

The Top 20 African-American CEOs in Business Today

Saturday, March 16th, 2013

 

(Benzinga.com) It didn't take very long for Benzinga to identify dozens of the top African-American heads of big-name American firms, despite an overall lack of representation in the higher levels of business.

The black CEOs on our list come from all corners of the country and lead public and private companies across all sectors of the economy.

1. Jan Adams, JMA Solutions
Adams founded JMA in 2005 following 24 years of service in the United States Air Force. Her vision has fueled JMA's growth into the #125 ranking in the 2012 Inc. Magazine 5000, including the #1 ranking in Washington, D.C. The company provides financial management, IT services, systems and concept engineering and program management to the federal government.

2. Joseph B. Anderson, TAG Holdings, LLC
A former General Motors (NYSE: GM [FREE Stock Trend Analysis]) executive, Anderson is the CEO of the Troy, Michigan-based TAG Holdings, whose subsidiaries include Korean and Chinese plumbing ceramics makers, automobile wheel-assembly suppliers and warehouse services. 2010 revenues were over $700 million.

 

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Hispanic Unemployment Rate Dips in February

Sunday, March 10th, 2013

(Hispanic Business) The seasonally adjusted unemployment rate for Hispanics dropped slightly in February to 9.6 percent, the Bureau of Labor Statistics reported today. The Hispanic unemployment rate was 9.7 percent in January, which in turn was up just slightly from 9.6 percent in December. The rate for Hispanics in February 2012 was 11.4 percent.

Overall unemployment for the country dipped to 7.7 percent.

There are 2.3 million idled workers in the Hispanic civilian labor force, out of a total Hispanic civilian workforce of 24.6 million.

The unemployment rate for Hispanic males 20 years and older was 9.1 percent in February compared to 10.4 percent a year earlier, while the rate for females was 10 percent compared to 11 percent a year earlier. Those number weren't seasonally adjusted.

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Report: Silicon Valley’s Success Doesn’t Include Blacks, Latinos

Sunday, February 10th, 2013

(National Journal) The data from this Silicon Valley jobs report shows that Silicon Valley's so-called meritocracy happens to benefit white and Asian people, while the black and Latino community suffers. The annual Silicon Valley Index had a lot of good news for the vitality of the South Bay's economy, with per capita income increasing 2.2 percent total and the tech hub adding 42,000 jobs last year. But those gains were not seen evenly across the community: whites and Asians saw per capita income increase while incomes actually fell for African American — and faster in Silicon Valley than in other parts of California or the rest of the country. Look at that huge 18 percent drop in per capita income for African Americans in Silicon Valley. It's three times the decline for the state of California and more than four times the decline seen in the U.S. The numbers for Silicon Valley, in fact, represent a growing gap: Income for the black and Latino community has declined, as the rest of Silicon Valley has gotten richer. As the president of  president of Joint Venture Silicon Valley, which compiled the report, puts it: "Silicon Valley is two valleys," Russell Hancock told the Mercury News. "There is a valley of haves, and a valley of have-nots. This place that some call "post-race" happens to reward white and Asian workers more than other races. 

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Work Disappearing for Black Males in Urban America

Monday, September 10th, 2012

(Philly1.com) During the past four decades, the job market for working age African American males has fundamentally collapsed in urban America.

That’s the conclusion of a recent study by Dr. Marc Levine at the University of Wisconsin-Madison. He looked at “employment rates” in forty of the nation’s largest metropolitan areas based on every Census taken from 1970 to 2010.

The results are shared in “Race and Male Employment in Wake of the Great Recession: Black Male…“. The findings are stunning and should be a wake-up call to the entire nation, particularly community activists, policymakers, media and the Black community.

Black male employment is a crisis with no solutions on the table and faint discussion of the problem. Levine finds that in five of the nation’s largest metropolitan areas, fewer than half of the working-age Black males held jobs. The US Census defines “working age” as 16-64, and “prime working years” as 25-54. In Milwaukee, the Black male employment rate in 2010 (latest year available) was over 20 points lower than the Hispanic male rate and 32.7 percentage points lower than that of white males.

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How Union Membership Benefits African American And Latino Workers

Sunday, September 9th, 2012

(Think Progress) Workers across the country experience a “union premium” — an increase in wages for workers who belong to a labor union compared to workers who are not organized. That premium amounted to $1.24 per hour last year, a 17.3 percent premium. And according to a new study from the Economic Policy Institute, union membership is even more important for African American and Latino workers, whose union premiums exceed that of white workers.

Black union members have a union premium of $2.60, earning them about 17.3 percent more than black non-union workers. Black men who belong to a union see a 20 percent increase over the normal wage; for black women, the increase is 14.8 percent. Union membership is even more beneficial to Latinos, whose men and women workers earn union premiums of 29.3 percent and 15.7 percent, respectively. (Latinos’ union premium is 23.1 percent overall.).

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Unemployment rises among black Americans, figures show

Tuesday, July 10th, 2012

 

(The Guardian) One of the most jarring figures in the labour statistics is a rise in unemployment among African Americans, from 13.6% to 14.4%, double the rate for the white population.

The proportion of white Americans out of work was static at 7.4%, and while the jobless rate for Latinos remained high at 11%, it too was unchanged from May.

Algernon Austin, the director of the race, ethnicity and economy programme at the Economic Policy Institute, said the figure for black Americans had been hovering at or above 14% for the past three years, even with a 'recovery' supposedly under way. "It is an extremely high rate to be stuck at," Austin said. "That is the really important news."

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Graduates from ethnic minorities face an even harder time

Friday, July 6th, 2012

 

(The Guardian) Life for an ethnic minority graduate in 2012 isn't easy. Each step along the way to finding a graduate job, from deciding if it's financially viable to go to university in the first place, to applying for a place and then finding a job afterwards, ethnic minority students are at a distinct disadvantage. The discrepancies are shocking.

Some tuition fees have trebled, putting a university education out of reach for many, and if you come from an ethnic minority background you are twice as likely to be in a low-income household. Being able to afford university is just the first challenge for ethnic minority students.

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EEOC Guidance Highlights the Risks of Using Criminal History Checks in Hiring

Friday, May 11th, 2012

 

(Pennsylvania Labor and Employment Blog) According to the Equal Employment Opportunity Commission ("EEOC" or "Commission"), if current incarceration rates continue, 1 in 3 African-American men and 1 in 6 Hispanic men will be incarcerated during their lifetimes. The rate for white men is only 1 in 17. Given this disparity in incarceration rates, the EEOC has long been concerned that employer policies restricting hiring based on prior criminal convictions may unfairly deprive minorities of employment opportunities. In Enforcement Guidance issued on April 25, 2012, the EEOC outlined its approach for determining whether an employer's criminal history screening policies violate Title VII on the grounds of either "disparate treatment" or "disparate impact."

Disparate Treatment. Obviously, employers cannot hold applicants to tougher screening standards on the basis of their race or national origin. An employer that considers an applicant's prior criminal history during the hiring process must do so on a consistent, non-discriminatory basis. A disappointed minority applicant with a criminal history may be able to prove he was subject to unlawful discrimination by showing inconsistencies in the hiring process, derogatory statements regarding a particular class or evidence suggesting that certain protected classes are held to a stricter screening standard than other groups.

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Employment numbers slow to recover for African Americans

Wednesday, May 9th, 2012

 

(Examiner.com) Employment numbers slow to recover for African Americans-While it is no secret that America as a whole has been facing an economy slow to recover, the unemployment numbers for African American workers continue to be the highest in the nation at a staggering 13.6  percent.

Those numbers fell slightly in 2012 from 15.8 percent last year to 13.6. However, the percentage is still higher then any other ethnic group. Currently in the U.S a large number of African Americans are either unemployed or underemployed. As with most economic crisis, there are certain factors that influence income and job growth. A lack of educational qualifications is an important factor when it comes to minority job growth in higher paying careers. Higher education and retraining have become essential to survival in a tough job market.

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Latinas are Lowest-Paid in the US, Report Says

Monday, April 2nd, 2012

(FoxNews) Pay below the national average persists among the majority of Latino women, who earn, on average, 40 percent less than white non-Hispanic men, according to the Labor Council for Latin American Advancement.

The LCLAA, which represents 2 million Latino union members, presented a report stating that Hispanic males also earn less than their Anglo and African-American peers.

 

Specifically, women of Hispanic origin in 2010 earned an average of $508 per week, compared with $592 for black women and $684 for white-non-Hispanic females.

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