Tag Archives: recession

Happy-businesswoman

Women Regain Lost Jobs, While Men Trail Behind

Male-dominated industries, such as manufacturing, still haven't rebounded

Reports note that women have gotten back all jobs lost during the Great Recession, but…

By Janell Hazelwood

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In a Rough Economy, Luxury Spending is on the Rise

A recent study shows people are looking to splurge on luxuries in a recession.

American Express Publishing and the Harrison Group speak to 1,416 Americans about their want for…

By Amber McKynzie

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California’s Economy Showing Signs of Life

Positive news for the one of the states hardest hit by the recession

Could California’s economy be on the rebound?

By Ashley R. Harris

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Business Continuity Tips Discussed at Free Webinar Hosted by SBA and Agility Recovery

Wealth Decreases for Blacks During President Obama’s Term

Foreclosures and unemployment gave black wealth a big hit

Foreclosures and unemployment gave black wealth a big hit

By Sasha King

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economic-recession

US Economic Recovery Is Slowest Since World War II

The problems are much more than just the 8.3 percent unemployment rate

The problems are much more than just the 8.3 percent unemployment rate

By Black Enterprise

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Dorian Boyland (Photo by Ryan Ketterman)

The Game Plan

Dorian S. Boyland revenues at his Orlando-based chain of dealerships expected to exceed $400 million…

By Alan Hughes

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B. Doyle Mitchell Jr., president and CEO, Industrial Bank and sister Patricia Mitchell, executive vice president, sales and operations, Industrial Bank (Photo by Kevin Allen)

Surviving the Meltdown

Mitchell, president and CEO of Washington, D.C.-based Industrial Bank (No. 8 on the BE banks…

By Alan Hughes

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(Image: ThinkStock)

3 Things You Should’ve Been Focused on Besides Black Friday Sales

There's nothing wrong with spending if it's for a good cause and not consumer greed and gluttony

Despite being in a recession, American spending continues as 2011 marks the biggest Black Friday…

By Caroline Clarke

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In these financially-strapped times, the thought of using money you barely have to enjoy yourself might ignite stressful feelings. In fact, a lack of disposable income can lead some to almost never involve themselves in fun or extracurricular activities outside of basic cost of living. However, some mental health experts believe working to pay bills without making time for recreation can lead to major stress. If you desire to have fun but you’re constantly void of funds, here are seven ways to have a good time on a budget. —Quassan Castro

7 Ways To Have Fun On A Budget

You don't always have to spend money to have a good time

In this economy everyone is about saving money which leaves fun by the wayside, well…

By Quassan Castro

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Money-Cash-Black-Enterprise-Business-Large

Support Black Entrepreneurs On Small Business Saturday

Use this campaign to support local enterprises to conduct your own "empowerment experiment"

This Small Business Saturday make an effort to devote some of your holiday shopping budgets…

By Alfred Edmond, Jr.

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(Image: ThinkStock)

Best Black Friday Deals & the Worst Shopping Traps to Avoid

Holiday shopping season officially starts with Black Friday, here's how to come out on top without breaking the bank

Black Friday is all about the deals and low prices, but that doesn’t mean you…

By Lynnette Khalfani-Cox

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(Image: Thinkstock)

Wake-Up Call: How a Young Bachelor Rebounded after Getting Laid Off

Real-life lessons of triumph over unemployment

Marc, 32, thought his job as a manager in the telecommunications field was safe, until…

By Aisha M. Taylor

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David Banner

David Banner’s 4 Money Management Lessons for Black America

The rapper/actor shares his perspective on the Black community's misuse of its spending power

Inspired by the Pew Research Center’s minority wealth gap report, rapper/producer/actor David Banner shares his…

By David Banner

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Never Give Up: How A Senior Professional Turned Unemployment Into Career Triumph

One woman overcomes depression to embark on next phase of her career

Unemployed for more than two years, Marie, 60, was able to transition into a new…

By Aisha M. Taylor

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Has the State of the Economy Made You Lose Your Ambition?

Don't let a bleak outlook overshadow your optimism for success

How to manage keeping a bright outlook on your career future in the midst of…

By BlackEnterprise.com

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(Image: ThinkStock)

5 Ways To Upgrade Your Investments As Nation Deals With Debt Downgrade

Even though investors are reeling from the toughest market since 2008 you can still build your portfolio & protect your assets

Standard & Poor’s downgrade of the United States’ AAA credit rating to a AA+ could…

By Derek T. Dingle

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Black woman exhausted and stressed at desk

New Data Shows Black-White Life Expectancy Gap Is Widening

Experts attribute gap to recession-related stress

The Atlanta Post reports widening of life expectancy gap between whites and African Americans.

By BlackEnterprise.com

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Let Recession Be a Motivator for Your Career Progression

Career expert Aisha Taylor tells you how to revive your career despite challenges

Career expert Aisha Taylor gives tips on how to create your own job opportunities

By Aisha M. Taylor

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Just as the U.S. auto industry was expected to return to the fast lane, following the worst economic recession since the Great Depression, certain segments could be brought to a screeching halt this summer. With Japan’s recent earthquake affecting new-vehicle production both here and abroad, coupled with the civil unrest in the Middle East—which is driving up gas prices to unprecedented levels—many consumers in the market for a new (or used) ride over the next few months are in for a bumpy ride. Here, are five ways in which the earthquake in Japan could affect car sales—and you—this summer.

5 Ways the Earthquake in Japan Could Affect Car Sales & You

With numerous automakers based in Japan, the recent quake could have a trickle down effect on your next purchase

With numerous automakers based in Japan, the recent quake could have a trickle down effect…

By Jeff Fortson

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Young Bosses: 6 Successful Brand Builders Who Got An Early Start

Learn from these business leaders how to take charge at an early age and change the game

Learn from these business leaders how to take charge at an early age and change…

By Tennille M. Robinson

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Be sure to also read these other tips for entrepreneurs... Want to pitch YOUR business at our Entrepreneurs Conference? Click here to enter! Top 10 Tips for Young Entrepreneurs 5 Mistakes Millionaire Entrepreneurs Make 5 Mistakes to Avoid When Growing Your Business Internationally

7 Ways to Maximize Your Company’s Profits

Venture capitalist and author Mark Thompson shares the fundamentals of staying in the black

<li>One of the first rules in entrepreneurship is do whatever you do profitably. And when…

By Alan Hughes

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We Must Never Surrender Our Hope

Since I founded my company more than 40 years ago, there have been seven recessions.…

By Earl G. Graves, Sr.

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7Alternative Holiday Jobs

Whether out of school or out of a job, here's how you can make extra cash during the holidays

Good tidings and cheer isn’t all that comes with the holiday season; a lot of…

By Arlice Nichole

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POLL: How Much is Too Much When it Comes to Company Cuts?

Texas state workers have to take out their own garbage. What's next?

With companies cutting budgets in a plight to remain viable in recessionary times, how much…

By BLACK ENTERPRISE

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Making Cultural Connections

With its bold strategic vision, GlobalHue produces a powerful and profitable campaigns for clients seeking to reach a multicultural world.

Donald A. Coleman isn’t concerned about his daughter taking over the reins of his business.…

By Sonia Alleyne

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Black Jobless Rates Worsened During Recession

African Americans face longer stretches of unemployment than whites

The Joint Economic Committee delivered sobering—yet unsurprising—statistics on black unemployment rates in a report titled…

By Joyce Jones

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Recession Depression

Economic woes are taking a toll on the health of African Americans. Take these steps to protect yourself.

The worldwide economic recession has affected African Americans in more ways than meet the eye.…

By Dr. Andrea Pennington

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Gov. Says SD Tourism Industry Did OK In Recession

PIERRE, S.D. (AP) — Gov. Mike Rounds says tourist spending likely will not reach the…

By Associated Press

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Private Sector Union Membership Shrinks

WASHINGTON (AP) — A majority of union members now work for the government, partly because…

By Associated Press

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Review: Stiglitz Presents Anti-recession Proposals

“Freefall: America, Free Markets, and the Sinking of the World Economy” (W. W. Norton &…

By Associated Press

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Get Off the Sidelines and Find Your Job

There isn’t a week that goes by that I don’t receive scores of phone calls…

By Earl "Butch" Graves Jr.

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Live Large With Less Cash

Living well on a limited budget means maximizing what you get out of life for…

By Lauren Lea

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Learn to Make the Most of Your Day

Seven time management strategies for business owners

For most business owners, there simply aren’t enough hours in the day to get everything…

By Bridget McCrea

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Implementing a Strategic Partnership

Teaming with other entrepreneurs can expand your reach

When business is slow and consumer spending decreases, solidarity between entrepreneurs can help drive sales…

By Marcia Wade Talbert

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One Year After the Fall of Lehman

Our relationship with money will never be the same

On Sept. 15, 2008, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection. It…

By John Simons

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Talking Points

What you need to know now

Face of the Uninsured
The United States spends more than any other nation in the world…

By Carolyn M. Brown

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20 Recession Resistant Franchises

Promising picks to choose fromeven in this economy

By the time Doni Pitchford told anyone what she had done, it was too late.…

By Tennille M. Robinson

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How Economic Uncertainty Can Spark Entrepreneurship

Know whether you're prepared to take the leap

There’s no doubt the economic downturn is sparking a lot of anxiety as people worry…

By Tamara E. Holmes

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Top Talent Need Apply

Each month, the American public has met the U.S. Labor Department’s unemployment reports with a…

By BLACK ENTERPRISE Editors

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The Globetrotter

Portfolio manager Kenneth Holley sets his sights on foreign companies, looking for a combination of growth and value

Kenneth Holley cringed last winter every time he heard someone on the television news compare…

By John Simons

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40 Best Companies For Diversity: Where the Jobs Are

Massive cuts and layoffs continue but as companies restructure, opportunities for job seekers will increase. Do you have what these organizations are looking for?

Massive cuts and layoffs continue but as companies restructure, opportunities for job seekers will increase.…

By Sonia Alleyne

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Doing Business in a Down Economy

Entrepreneurs share advice on facing tough times

For entrepreneurs whose businesses are less than eight years old, this is the first time…

By Tamara E. Holmes

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The Strong­—and Smart—Survive

There’s nothing like an economic downturn to separate the pretenders from the contenders in business.…

By Earl G. Graves, Sr.

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Helping Hands

In a recession, it’s tempting for small business owners to close ranks, slash spending, balk…

By Maya Payne Smart

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Get Schooled On Thriving in Hard Times

Three college professors' lessons from the Great Depression

When thinking about how today’s financially-stressed African Americans can update the survival strategies of earlier…

By Cliff Hocker

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Love Don’t Cost a Thing

Personal touches can add bang to a wedding without the bucks

Television is overrun with shows about weddings. Some focus on finding a gown, some profile…

By Alisa Gumbs

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Encouragement for New Entrepreneurs

We’ve heard the numbers. For many of us, our family, friends, and colleagues are among…

By Earl G. Graves, Sr.

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Take Hold of Your Business Success

Three secrets to inspire, motivate, enlighten

Talent, hard work, even vision will only get you part of the way to success.…

By Heather Boerner

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When Your ‘Something Blue’ Meets the Pink Slip

What to do if a layoff forces you to slash your wedding budget

Sometimes the “for worse” part of “for better or for worse” comes early. In this…

By Alisa Gumbs

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How to Plan a Wedding During a Recession

Say "I do" to the marriage but "I don�t" to the debt

There are some things you still need to spend money on, even when the economy’s…

By Alisa Gumbs

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Voices of Economic Survival

Lessons learned from the Great Depression

As bad as the economy has gotten in the past few months, the hardships many…

By Tamara E. Holmes

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Obama Hosts Cyber Town Hall

THE PRESIDENT: Thank you so much. Well, it is great to see all…

By BlackEnterprise.com

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The Cutting Edge: Recession Specials

Deals sure to be kind to your wallet

For consumers clutching their purse strings and wallets, companies are hoping to loosen that grip…

By Renita Burns

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Day 47

In his weekly address, Obama acknowledged February’s unemployment report, which brought the number of jobs…

By Deborah Creighton Skinner

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Five Ways to Attract New Customers

Even in tough times, find savvy ways to draw new business

The airlines are full, cruise ships packed, and best restaurants still only available by reservation.…

By Bridget McCrea

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Lean on Me

In the face of deep market losses, financial planners and advisers are becoming grief counselors of sorts. What theyre telling their clients could help you.

David Jackson knows just how much the stock market’s cascading losses have shaken some investors.…

By Steve Garmhausen

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Black America’s Answer to Recession: Practicality and Prudence

Black Enterprises exclusive survey reveals how youre handling the economic downturn

Our question: How are you doing? To find the answer, we posted a “Financial Crisis…

By Donald Jay Korn

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What NOT to Do in an Economic Downturn

Sure, the financial markets are in a tailspin. But, take a deep breath--and don't panic

There’s little question—the financial markets in 2008 have been scary. The stock market has fallen…

By Mellody Hobson

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Crisis & Opportunity

BE100s financial services firms struggle to find the upside in the credit crunch.

By Jeffrey McKinney

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Recession or Depression: Defining Economic Decline

Deep recession or depression? As a journalist, it’s hard to argue that words don’t matter.…

By John Simons

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Recession Survival Tips Are Not Just for Recessions

We should not wait for economic turmoil to force us to do what we should have been doing all along.

Anybody checking the headlines of business news channels or the cover lines of magazines including…

By Alfred Edmond, Jr.

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U.S. Recession–Are We or Aren’t We There Yet?

Nations economic outlook remains grim

As the debate continues over whether the nation is officially in a recession, some economists…

By Tamara E. Holmes

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