• About Us
  • Paper Locations
  • Contact
Tuesday, May 17, 2022
MEDIA KIT
African American News and Issues
63 °f
Houston
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Announcements
  • Videos
  • Events
  • Entertainment
No Result
View All Result
African American News and Issues
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Announcements
  • Videos
  • Events
  • Entertainment
No Result
View All Result
African American News and Issues
No Result
View All Result
Home Business

Black unemployment rate improves amid historic Jobs Report

aframnews by aframnews
2 months ago
in Business, Economy, National, News
0
Black unemployment rate improves amid historic Jobs Report
77
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter
FacebookTwitterPinterestLinkedIn

By Stacy M. Brown, NNPA Newswire Senior National Correspondent

You might also like

Congressional Black Caucus Members Push Biden Administration on Advertising with Black Media

Report Shows America’s Major Cities are Pricing Out Black Residents

Karine Jean-Pierre Selected as First Black Woman White House Press Secretary

America – and most notably Black America – is back to work, declared President Joe Biden as he announced one of the most robust job reports in modern times.

“History has been made here,” the president declared.

The economy created 467,000 jobs in January, and the unemployment rate for Black workers fell to 6.9 percent and dropped to 5.8 percent for African American women.

The president highlighted the 6.6 million jobs added to the U.S. economy in the year since he took office.

“It comes alongside the largest drop in the unemployment rate in a single year on record, the largest reduction in childhood poverty ever recorded in a single year, and the strongest economic growth this country has seen in nearly 40 years,” President Biden asserted.

He also acknowledged the struggles that many American families still face, noting that prices have increased sharply during the pandemic.

“Average people are getting clobbered by the cost of everything,” President Biden said. “Gas prices at the pump are up. We’re working to bring them down, but they’re up. Food prices are up. We’re working to bring them down as well.”

White House officials said they plan to enact policies to slow inflation.

Before the president’s remarks, the U.S. House of Representatives voted 222-210 to pass the COMPETES Act, a bill to help America keep up with China in the semiconductor chip industry.

The legislation seeks to tackle such economic issues as supply chain disruptions and a global shortage of semiconductor chips, essential for producing smartphones, medical equipment, and cars.

The bill would introduce several changes to American trade rules to level the playing field for domestic businesses and combat China’s market-distorting trade practices.

“Democrats are prepared to build on this extraordinary economic momentum: continuing our work to lower families’ costs, strengthen our supply chains, and make more goods in America,” House Speaker Nancy Pelosi (D-Calif.) declared.

“Under the leadership of President Biden and House Democrats, our nation will continue to Build Back Better to create more good-paying jobs and lower costs for families across America,” Pelosi stated.

Tags: 467000 jobs6.6 million jobsafrican-american womenAmericaAmerican trade rulesAverage peopleback to workblack americaBlack workersbuild back betterCarsChinaChina’s market-distorting trade practicesDemocratsdomestic businesseseconomic issueseconomyenact policiesextraordinary economic momentumFood pricesGas pricesglobal shortage of semiconductor chipsHistoryHouse DemocratsHOUSE SPEAKER NANCY PELOSI (D-CALIF.)introduce several changeslargest drop in the unemployment ratelargest reduction in childhood povertylegislationlevel the playing fieldlower families’ costsmake more goods in Americamany American familiesmedical equipmentmost robust job reportsNNPA NewswirePandemicpass the COMPETES ActPresident Joe Bidenpresident’s remarkssemiconductor chip industryslow inflationsmartphonesStacy M. Brownstrongest economic growthstrugglessupply chain disruptionssupply chainsU.S. economyU.S. House of Representativesunemployment rateWhite House officials
Share31Tweet19
aframnews

aframnews

Recommended For You

Congressional Black Caucus Members Push Biden Administration on Advertising with Black Media

by Chelsea Davis-Bibb
2 months ago
0
Congressional Black Caucus Members Push Biden Administration on Advertising with Black Media

“The federal government spends billions of dollars a year in paid advertising. However, the federal government’s process for allocating advertising dollars fails to recognize and value the unique...

Read more

Report Shows America’s Major Cities are Pricing Out Black Residents

by Chelsea Davis-Bibb
2 months ago
0
Report Shows America’s Major Cities are Pricing Out Black Residents

Black households experienced the steepest declines in affordable neighborhoods in the years preceding the pandemic. By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia At the onset...

Read more

Karine Jean-Pierre Selected as First Black Woman White House Press Secretary

by Chelsea Davis-Bibb
2 months ago
0
Karine Jean-Pierre Selected as First Black Woman White House Press Secretary

“Karine not only brings the experience, talent, and integrity needed for this difficult job, but she will continue to lead the way in communicating about the work of...

Read more

Why Are You Renting?

by aframnews
2 months ago
0

By: Omowale Luthuli-Allen HOUSTON-Equity as a Goal. Why are you renting or leasing? If you don’t have a good reason, reconsider. Consider building equity as a compelling and...

Read more

America’s Teens in Crisis: Mental Health Disorders Now Biggest Concern

by Chelsea Davis-Bibb
2 months ago
0
America’s Teens in Crisis: Mental Health Disorders Now Biggest Concern

By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia Mental health disorders stand as a chief concern among American teenagers, according to researchers who said the pervasiveness...

Read more
Next Post
Three former Minnesota officers who watched George Floyd die are convicted

Three former Minnesota officers who watched George Floyd die are convicted

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Articles

Congressional Black Caucus Members Push Biden Administration on Advertising with Black Media

Congressional Black Caucus Members Push Biden Administration on Advertising with Black Media

2 months ago
Congressman Al Green Denounces Mass Shooting in Buffalo, NY

Congressman Al Green Denounces Mass Shooting in Buffalo, NY

2 months ago
Fort Bend ISD Multilingual Department Hosts An Event

Fort Bend ISD Multilingual Department Hosts An Event

2 months ago

NEED PAST ISSUES?

Search our archive of past issues Receive our Latest Updates
* indicates required
  • Local
  • National
  • Community
  • Education
  • Politics
  • COVID-19
  • Entertainment
  • Lifestyle
  • Sports

ARTICLES

  • Local
  • National
  • Community
  • Education
  • Politics
  • COVID-19
  • Entertainment
  • Lifestyle
  • Sports

CONNECT WITH US

  • Home
  • Advertise With Us
  • Contact
African American News and Issues

African American News & Issues
6130 Wheatley St
Houston, TX 77091
(713) 692-1892

Subscribe To Our Newsletter

Copyright © 2022. African American News & Issues. All rights reserved. Private Policy | Terms of Use |

No Result
View All Result
  • Home
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Entertainment
  • Announcements
  • Events
  • Videos
  • Contact

Copyright © 2022. African American News & Issues. All rights reserved. Private Policy | Terms of Use |

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?