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Friday, September 27, 2024

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Hurricane Helene strengthens into a Category 4 storm, bringing warnings of heavy rain and dangerous winds to southeastern U.S., while New York City Mayor Eric Adams faces wire fraud and bribery charges, Indiana emerges as a clean energy leader, and Kentucky kinship families report needing more support.

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New York City Mayor Eric Adams faces federal bribery and wire fraud charges, new federal legislation aims to limit open-carry firearms at polling places, and Utah Republicans fail to give the legislature control over citizen ballot initiatives.

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The presidential election is imminent and young rural voters say they still feel ignored, it's leaf peeping season in New England but some fear climate change could mute fall colors, and Minnesota's mental health advocates want more options for troubled youth.

Job gaps persist for Black Americans, despite economic progress

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Friday, September 27, 2024   

Despite recent improvements in Black unemployment rates, a new report reveals Black Americans continue to face significant disparities in the labor market, and Virginians are no exception.

The report estimates in Virginia alone, Black men need about 16,000 more jobs to reach parity with white men in the workforce, and it shows the racial employment gap remains a costly burden for Black workers.

Algernon Austin, director of race and economic Justice at the Center for Economic and Policy Research, said while Black unemployment fell to 5.5% in 2022, the lowest rate in over 50 years, the positive statistic obscures deeper issues.

"Black America still needs about 1.4 million more people working to have the same employment rate as white America," Austin pointed out. "We still have a significant need for jobs."

The research is from the Center for Economic and Policy Research and the Joint Center for Political and Economic Studies. For Black Americans who are employed, Austin noted the data show significant wage disparities and the employment gap is costing them about $60 billion a year.

While policymakers discuss solutions like subsidized employment programs, Austin emphasized targeted actions, like raising the minimum wage, are crucial to addressing systemic inequities.

"This is America's historic problem," Austin stressed. "I mean, this problem begins in the enslavement of the Black population, and then Jim Crow - and then, the continuing discrimination in the labor market."

In the most recent figures for August, the U.S. labor market saw modest job growth but Black unemployment remained at just over 6%, significantly higher than the 3.8% rate for white workers.

The report highlighted despite lower Black unemployment levels, structural barriers from hiring discrimination to limited access to high-paying jobs continue to impede economic progress for Black Americans.


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