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Black Unemployment Remains Very High. But Nobody is More Optimistic about the Economy. Why?

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In this photo taken Wednesday, July 16, 2014, job seeker U.S. Air Force veteran Jesse Jefferson, Jr., right, talks to Arianna Alexander, of the Pompano Beach Veterans Center, at a Hiring Fair For Veterans in Fort Lauderdale, Fla. Florida led the nation in job growth in June, a sharp turnaround from the previous month. (AP Photo/Alan Diaz)

In this photo taken Wednesday, July 16, 2014, job seeker U.S. Air Force veteran Jesse Jefferson, Jr., right, talks to Arianna Alexander, of the Pompano Beach Veterans Center, at a Hiring Fair For Veterans in Fort Lauderdale, Fla. Florida led the nation in job growth in June, a sharp turnaround from the previous month. (AP Photo/Alan Diaz)

Janell Ross, THE WASHINGTON POST

 
(The Washington Post) — Six years after the Great Recession’s official end, a strong share of Americans say good jobs with decent wages remain scarce, describe economic conditions as bad and expect them to worsen. They also worry about their children’s economic futures, and they continue to see themselves as struggling to get by.

But beneath what might seem like a near-pervasive sense of economic stagnation are some reservoirs of hope that, in some cases, come from unexpected places.

Case in point: a new bipartisan Economic Innovation Group poll that shows black and Latino voters in the nation’s swing states –  Iowa, New Hampshire, Ohio, Florida, Virginia, North Carolina, Nevada and Colorado – were far less worried than their white counterparts about the economy. In the case of black likely voters, they described a far more hopeful picture of both the current and future state of the U.S. economy.

Yes, you read that correctly. Despite unemployment figures that easily exceed those of white Americans and household economic measures that indicate greater fragility, black and Latino likely voters were more likely to describe the current economy as sound and the economic future bright than their generally more prosperous white counterparts.

 

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Oakland Post: Week of November 20 – 26, 2024

The printed Weekly Edition of the Oakland Post: Week of November 20 – 26, 2024

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Oakland Post: Week of November 13 – 19, 2024

The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024

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LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

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