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Study: African Americans Poorer Today Than Five Years Ago

NNPA NEWSWIRE — “I don’t want to get political here, but I would hope that this report would color how people view the approaches that the parties and candidates take toward legislative and social issues, and how those things are framed,” Lending Tree Lead Researcher Kali McFadden told NNPA Newswire.

Published

4 years ago

March 7, 2020

Oakland Post

A comprehensive study did reveal places where African Americans are faring well. (Photo: iStockphoto / NNPA)

By Stacy M. Brown, NNPA Newswire Senior Correspondent
@StacyBrownMedia

African Americans were more likely to be unemployed than Americans overall in 2018 than they were in 2013, according to a new study that details the economic and financial progress African Americans have made over five years.

Researchers at Lending Tree, the popular website that connects borrowers with lenders, found that while unemployment decreased for African Americans by 36 percent – from 16.6 percent in 2013 to 10.6 percent in 2018 — it was still five percentage points higher than the unemployment rate for Americans as a whole.

The unemployment rate for Americans overall in 2013 was 9.7 percent, which fell to 5.9 percent in 2018.

“I don’t want to get political here, but I would hope that this report would color how people view the approaches that the parties and candidates take toward legislative and social issues, and how those things are framed,” Lending Tree Lead Researcher Kali McFadden told NNPA Newswire.

“It certainly demonstrates that, even though people talk about how much better economically things are, African Americans are more in the hole than they were five years ago.”

Among other key findings, the median household income for African Americans grew by 13.4 percent, roughly the same rate of 13.7 percent for Americans as a whole. But, it remains 33 percent below the national average.

The study revealed that the median household income for Blacks in 2018 was $40,155 — more than $20,000 less than the $60,293 median household income for Americans as a whole.

The median individual earnings for African American workers — which were already 16 percent lower than the median personal earnings for American workers as a whole — grew by 7.1 percent, compared with 9.5 percent for workers as a whole.

That means that the earnings gap between African Americans and Americans as a whole increased by 11.2 percent between 2013 and 2018.

And, although household income increased, the income gap between Black Americans and Americans as a whole remained steady at 33 percent. In comparison, the wage gap between Blacks and Americans as a whole increased 11 percent from 2013 to 2018.

While homeownership rates fell for Americans overall between 2013 and 2018, Blacks saw a more significant drop of 4.7 percent, compared with 1.7 percent for Americans as a whole.

Study authors concluded that there are four metro areas in which Black homeowners have closed the gap within 20 percent – all of them are in the South, specifically in the Carolinas.

Minnesota, Minn., has the most substantial gap, at 64 percent.

What McFadden said she found most striking is the advances made in education by African Americans, which didn’t translate into more economic prosperity in the Black community.

“In almost every metric we examined, African Americans realized slower growth than the country as a whole, but they did outpace their peers when it comes to higher education,” McFadden noted.

The study revealed that African Americans are closing the higher education gap as the percentage of Black people with a bachelor’s degree rose from 18.6 percent in 2013 to 21.1 percent in 2018 – an increase of 13.5 percent.

The increase for Americans as a whole was just 9.4 percent – from 28.8 percent in 2013 to 31.5 percent in 2018, Lending Tree researchers found.

Black residents of Riverside, Calif., Pine Bluff, Ark. and San Antonio have closed the gap with the whole of their communities when it comes to earning higher education degrees.

Residents of Charlottesville, Va. have seen that gap widen the most: 66 percent.

“The education findings to me really were the most striking, the most disheartening and frightening,” McFadden lamented.

“You know, we’d really hope that education would create a more even playing field and the fact that African Americans are exceeding the growth rate in higher education degrees shows a lot of things. It shows achievement, and it shows that families are directing their children, and it shows a lot of groundswell for entering the professional working world.”

She continued:

“The fact that other economic indicators aren’t keeping pace with that is really startling. And, I don’t have a good reason for why that is. We know about workplace bias, and we know about resume bias.”

McFadden opined that student loans are more of a hindrance to African Americans than others. “If you’re less likely to come from a family that has the kind of wealth that can help support your schooling, it’s obviously going to be a problem in terms of accumulating debt,” she stated.

For those attending historically black colleges and universities (HBCUs), McFadden believes the lack of funding at those schools contributes to high student debt.

“HBCUs just don’t have the endowments that the most prestigious schools have. We have reports that show where parents are borrowing to send their kids to school, and those debts are harder to pay,” McFadden added.

The comprehensive study did reveal places where African Americans are faring well.

Researchers found that the Cape Coral-Ft. Myers, Fla., metro area is leading the country in economic advancement for African Americans. The population has grown by 17 percent, median household income is up by 26 percent, and individual earnings are up by 22 percent.

Homeownership is up by 50 percent in Cape Coral-Ft. Myers, and unemployment is down by 66 percent.

Also, 25 percent more Black residents in the Cape Coral-Ft. Myers area is attaining higher education degrees than they were in 2013.

Grand Rapids, Mich., and Minneapolis-St. Paul, Minn., came in second and third place, respectively. The five locations with the least overall gains for African Americans are all in the South – Houma-Thibodaux, La., Shreveport-Bossier City, La., Hammond, La., Goldsboro, N.C., and Hilton Head Island-Beaufort, S.C.

When asked what’s the biggest takeaway from the study, McFadden called most of the details “depressing for African Americans.”

Click here to view the full report.

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IN MEMORIAM: Ramona Edelin, Influential Activist and Education Advocate, Dies at 78

NNPA NEWSWIRE — Born on September 4, 1945, in Los Angeles, California, activist Ramona Edelin’s early years were marked by a commitment to education and social justice. According to her HistoryMakers biography, after graduating from Fisk University with a Bachelor’s degree in 1967, she pursued further studies at the University of East Anglia in England. She earned her master’s degree before completing her Ph.D. at Boston University in 1981.
The post IN MEMORIAM: Ramona Edelin, Influential Activist and Education Advocate, Dies at 78 first appeared on BlackPressUSA.

Published

4 weeks ago

April 3, 2024

Stacy M. Brown

By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia

Once upon a time, Black Americans were simply known as colored people, or Negroes. That is until Ramona Edelin came along. The activist, renowned for her pivotal roles in advancing civil rights, education reform, and community empowerment, died at her D.C. residence last month at the age of 78. Her death, finally confirmed this week by Barnaby Towns, a communications strategist who collaborated with Dr. Edelin, was attributed to cancer.

Born on September 4, 1945, in Los Angeles, California, Edelin’s early years were marked by a commitment to education and social justice. According to her HistoryMakers biography, after graduating from Fisk University with a Bachelor’s degree in 1967, she pursued further studies at the University of East Anglia in England. She earned her master’s degree before completing her Ph.D. at Boston University in 1981.

Edelin’s contributions to academia and activism were manifold. She was pivotal in popularizing the term “African American” alongside Rev. Jesse L. Jackson in the late 1980s.

Jackson had announced the preference for “African American,” speaking for summit organizers that included Dr. Edelin. “Just as we were called Colored, but were not that, and then Negro, but not that, to be called Black is just as baseless,” he said, adding that “African American” “has cultural integrity” and “puts us in our proper historical context.”

Later, Edelin told Ebony magazine, “Calling ourselves African Americans is the first step in the cultural offensive,” while linking the name change to a “cultural renaissance” in which Black Americans reconnected with their history and heritage.

“Who are we if we don’t acknowledge our motherland?” she asked later. “When a child in a ghetto calls himself African American, immediately he’s international. You’ve taken him from the ghetto and put him on the globe.”

The HistoryMakers bio noted that Edelin’s academic pursuits led her to found and chair the Department of African American Studies at Northeastern University, where she established herself as a leading voice.

Transitioning from academia to advocacy, Edelin joined the National Urban Coalition in 1977, eventually ascending to president and CEO. During her tenure, she spearheaded initiatives such as the “Say Yes to a Youngster’s Future” program, which provided crucial support in math, science, and technology to youth and teachers of color in urban areas. Her biography noted that Edelin’s efforts extended nationwide through partnerships with organizations like the National Science Foundation and the United States Department of Education.

President Bill Clinton recognized Edelin’s expertise by appointing her to the Presidential Board on Historically Black Colleges and Universities in 1998. She also co-founded and served as treasurer of the Black Leadership Forum, solidifying her standing as a respected leader in African American communities.

Beyond her professional achievements, Edelin dedicated herself to numerous boards and committees, including chairing the District of Columbia Educational Goals 2000 Panel and contributing to the Federal Advisory Committee for the Black Community Crusade for Children.

Throughout her life, Edelin received widespread recognition for her contributions. Ebony magazine honored her as one of the 100 Most Influential Black Americans, and she received prestigious awards such as the Southern Christian Leadership Award for Progressive Leadership and the IBM Community Executive Program Award.

The post IN MEMORIAM: Ramona Edelin, Influential Activist and Education Advocate, Dies at 78 first appeared on BlackPressUSA.

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Tennessee State University Board Disbanded by MAGA Loyalists as Assault on DE&I Continues

NNPA NEWSWIRE — Recent legislative actions in Tennessee, such as repealing police reform measures enacted after the killing of Tyre Nichols, underscore a troubling trend of undermining local control and perpetuating racist agendas. The new law preventing local governments from restricting police officers’ authority disregards community efforts to address systemic issues of police violence and racial profiling.
The post Tennessee State University Board Disbanded by MAGA Loyalists as Assault on DE&I Continues first appeared on BlackPressUSA.

Published

4 weeks ago

April 3, 2024

Stacy M. Brown

By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia

Tennessee State University (TSU), the state’s only public historically Black college and university (HBCU), faces a tumultuous future as Gov. Bill Lee dissolved its board, a move supported by racist conservatives and MAGA Republicans in the Tennessee General Assembly, who follow the lead of the twice-impeached, four-times indicted, alleged sexual predator former President Donald Trump. Educators and others have denounced the move as an attack on diversity, equity, and inclusion (DE&I) and a grave setback for higher education.

Critics argue that TSU’s purported financial mismanagement is a manufactured crisis rooted in decades of underinvestment by the state government. They’ve noted that it continues a trend by conservatives and the racist MAGA movement to eliminate opportunities for Blacks in education, corporate America, and the public sector.

Gevin Reynolds, a former speechwriter for Vice President Kamala Harris, emphasizes in an op-ed that TSU’s financial difficulties are not the result of university leadership because a recent audit found no evidence of fraud or malfeasance.

Reynolds noted that the disbanding of TSU’s board is not an isolated incident but part of a broader assault on DE&I initiatives nationwide. Ten states, including Tennessee, have enacted laws banning DE&I policies on college campuses, while governors appointing MAGA loyalists to university trustee positions further undermine efforts to promote inclusivity and equality.

Moreover, recent legislative actions in Tennessee, such as repealing police reform measures enacted after the killing of Tyre Nichols, underscore a troubling trend of undermining local control and perpetuating racist agendas. The new law preventing local governments from restricting police officers’ authority disregards community efforts to address systemic issues of police violence and racial profiling.

The actions echo historical efforts to suppress Black progress, reminiscent of the violent backlash against gains made during the Reconstruction era. President Joe Biden warned during an appearance in New York last month that Trump desires to bring the nation back to the 18th and 19th centuries – in other words, to see, among other things, African Americans back in the chains of slavery, women subservient to men without any say over their bodies, and all voting rights restricted to white men.

The parallels are stark, with white supremacist ideologies used to justify attacks on Black institutions and disenfranchise marginalized communities, Reynolds argued.

In response to these challenges, advocates stress the urgency of collective action to defend democracy and combat systemic racism. Understanding that attacks on institutions like TSU are symptomatic of broader threats to democratic norms, they call for increased civic engagement and voting at all levels of government.

The actions of people dedicated to upholding the principles of inclusivity, equity, and justice for all will determine the outcome of the ongoing fight for democracy, Reynolds noted. “We are in a war for our democracy, one whose outcome will be determined by every line on every ballot at every precinct,” he stated.

The post Tennessee State University Board Disbanded by MAGA Loyalists as Assault on DE&I Continues first appeared on BlackPressUSA.

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Braxton Haulcy and the Expansion of Walker|West Music Academy

May 24, 2023 – Walker West Music Academy gets an early start on expansion. Join us for a Wednesday episode of The …
The post Braxton Haulcy and the Expansion of Walker|West Music Academy first appeared on BlackPressUSA.