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The unemployment rate for African Americans inched slightly lower to 15.4% in June from 15.5% in May. The overall U.S. jobless rate fell to 9.5% in June from 9.7% in May, reflecting a decrease of 225,000 jobs in the number of temporary employees working on Census 2010, according to the Department of Labor.
Bob Johnson, founder and chairman of The RLJ Companies, Wednesday announced that Royal Caribbean Cruises Ltd. (RCL) and Haiti-based WIN Group have joined its partnership to build two structured insulated panel (SIP) manufacturing facilities that will provide construction materials for building housing and infrastructure in Haiti.
Energy experts discuss the Deepwater Horizon oil spill in the Gulf of Mexico and its implications on African American Communities.
Creating a dependable forecast of the economy is notoriously difficult. Tons of variables connect to each other, so a small change in one factor—say, inflation—can have a domino effect.
With unemployment at 9.9%—meaning more than 15 million people are out of work—talk of an economic recovery offers little comfort for those who feel shut out of the job market. Prospects seem even more daunting for African Americans, who must contend with a morale-crushing unemployment rate of 16.5%. But there is a silver lining for those who can focus on opportunity—the other word that often frustrates and eludes the jobless. The truth is there are opportunities everywhere, but don’t expect them to fall from the sky. You have to be prepared to seize them. In this issue, Editorial Director Sonia Alleyne and Careers Editor Annya M. Lott have developed a comprehensive editorial package that demonstrates that success, not luck, is when preparation meets opportunity. And they provide you with the tools to tackle today’s tough job market.
