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The unemployment rate dropped to 7.7 percent, the lowest number since President Bush was in office in 2008. According to the report released by the Labor Department, Friday (Dec. 7), roughly 146,000 jobs were created in the month of November, in spite of Hurricane Sandy whose destruction halted economic activity.
President Obama vowed to change his approach for his second debate against Mitt Romney, and followed through with his promise. During part two of their meeting, this time in Hempstead, N.Y., the commander in chief and the former governor verbally battled, often speaking over one another to get their points across. Even though the president […]
The job report for the month of August was released Friday (Sept. 7), and the numbers are not looking good. A dismal 96,000 jobs were created, falling short of the expecting 125,000, predicted by economists. The unemployment rate dropped to 8.1 percent from 8.3. in the previous month, but the figures were likely due to […]
President Obama wants to make something very clear: he is not just the president of “Black” America,” but the entire county. In his cover story for Black Enterprise magazine, Obama responded to criticism that he hasn’t done enough for the Black community, stating that his job is to help the nation as a whole. “My […]