How do you know the job scene is jacked up? When even the relatives of the president of the United States can’t land a gig.
President Obama, offering an indication of the harsh reality of the U.S. economy – while simultaneously attempting to paint a portrait of hope – said that both he and Michelle Obama have kin folks who are out of work, but he promised that next year will better than 2009.
When you are Black and living in America, Obama told the Tom Joyner Morning Show recently, that means that no matter how well you are doing, somebody in your family is bound to be unemployed. Overall unemployment is around 10.2 percent, but jobless figures among African Americans are at a shocking 15.6 percent, according to the Labor Department.
Nobody knows that better than the Congressional Black Caucus, which earlier this month boycotted a key House committee vote, abandoning support for new banking regulations until $4 billion was inserted into the legislation specifically targeting unemployed homeowners and neighborhood programs that serve as a safety net for distressed families.
Black lawmakers and other leaders had been pressing for greater assistance for minority-owned auto dealerships and banks that lend in African-American communities and more government advertising in minority-owned media.
"Since last September, we have continuously voted for bailout and reform for the very institutions that created this devastation, without properly protecting the African-American community or small business," Rep. Maxine Waters, D-Calif., said at the time. "That stops today."
TRENDING IN NEWS