Many Black Americans not over real estate crash Photo credit: Bloomberg News | The windows of a house are boarded-up with plywood in the Roseland neighborhood of Chicago, Ill. Almost one in 10 Roseland properties is vacant and the area's home ownership rate fell to 57 percent in 2010 from 64 pe... Read more...
A new salary survey from the National Association of Colleges and Employers (NACE) has some good news for 2012 college graduates. The overall median salary for new grads has risen to $43,000, up 4.5% from the median for the class of 2011 (I’ve rounded NACE’s numbers to the nearest $1,000). A Be... Read more...
Recently the U.S. Census Bureau reported what much of Black America already knows: Black people in America are not just poor by American standards; many of us are third-world poor. The story of Black economics in 2012 is one of massive wealth loss because of the national foreclosure debacle and th... Read more...