Business

Closing Education Gap Would Boost U.S. Economy

Published

11 years ago

July 23, 2015

Attorney General Loretta Lynch speaking at NAACP convention in Philadelphia
(Photo by Abdul Sulayman/Philadelphia Tribune)

By Freddie Allen
NNPA Senior Washington Correspondent

WASHINGTON (NNPA) – Men of color would earn $170 billion more a year, if they reached the same education level as White men, according to a new White House report.

The report examined “opportunity gaps facing youth of color” and found stunning correlations between the educational and employment success of young men of color and how that success can directly impact the national economy.

Not only would closing the education attainment gap result in higher annual earnings for men of color 25-64 years-old, it would also increase the gross domestic product, the value of the production of goods and services, by 1.8 percent in the United States. The Bureau of Economic Analysis reported that GDP decreased by an annual rate of 0.2 percent in the first quarter of 2015.

The high school graduation rate for Black students is 17 percentage points lower than their White classmates and only “28 percent of Blacks have a college degree by their late 20s, compared to nearly half of White men,” the report said.

The report said that youth of color encounter a number of barriers to opportunity at higher rates compared to their White peers.

“For example, while 20 percent of all children under age 18 live in poverty, 38 percent of Black children and 30 percent of Hispanic children live in poverty, compared to 11 percent of non-Hispanic White children,” stated the report.

Poor students often don’t have access to early childhood education, increasing the likelihood that they will start school at considerable disadvantage to their more affluent peers. When young students fall behind in their reading skills, it makes it harder for them to catch up to their peers in later grades and increases the chances that they will drop out.

When young Black men disconnect from school, they are more likely to connect to the criminal justice system at considerable expense to the rest of society.

“The cost of incarceration is far substantially higher than investing in education or other programs to increase opportunity, even before one takes the returns to the investments into account,” the report said. “The cost of incarceration for a single juvenile is over $100,000 – twice as high as tuition at the most expensive college in the country or a year of intensive mentoring.”

And even though crime is down in recent years, spending on corrections at the federal, state and local level is $80 billion, according to President Obama.

A history poverty, lack of access to early childhood education and early interaction with the criminal justice system can follow a young Black man deep into adulthood and contribute to an early death or a lifetime of missed employment opportunities and lower rates of employment compared to White men.

“Even when there is little difference in the likelihood of committing a crime, individuals of color are much more likely to be arrested,” stated the report. “For example, a black individual is nearly four times as likely as a white individual to be arrested for marijuana possession, even though black and white individuals reported using marijuana at similar rates in 2010.”

The report continued: “In 1984, the majority of State and Federal prisoners were White. In 2011, the majority of the more than 1.5 million prisoners were minorities, including 930,000 prisoners who were Black or Hispanic (61 percent).”

“Among adults 16 and older, Black men are nearly 15 percentage points less likely to be employed than White men,” stated the report.

And because the labor force participation rate only tracks people who are either employed or looking for work, more than 1 million Black men languishing in American prisons remain unaccounted for in the labor market artificially narrowing the employment chasm between Blacks and Whites until they return home.

“The relationship between economic opportunity and crime is not wholly clear-cut. For instance, crime fell throughout the most recent recession. Nevertheless, experience of past decades suggests that improving economic opportunity can also help lower crime rates,” the report said.

The report noted that the Chicago-based Becoming a Man (BAM) program has achieved success at steering disadvantaged young men away from the criminal justice system by taking a different approach

Rather than offering targeted job opportunities, the report said that BAM, which primarily serves young Black and Latino men, teaches their members how to make better decisions “in high-stress situations through in-school sessions focused on making participants more aware of their automatic responses and on thinking about the appropriate response to the situation at hand.”

BAM not only reduced violent crime arrests among program participants from 2009-2010, the young men also got better grades. An evaluation of the program during the 2013-2014 school year showed a 31 percent decline in the likelihood of arrests for BAM members.

The White House report said that scholarships and one-on-one coaching can also help low-income students graduate from college.

The high costs of mass incarceration, coupled with the increased awareness about the militarization of local police forces and the controversial practices of the for-profit prison industry have driven lawmakers to reconsider tough on crime policies in favor of smarter sentencing guideline, restorative justice and community-based rehabilitation programs.

During her keynote address at the NAACP’s annual convention in Philadelphia, United States Attorney General Loretta Lynch noted the launch of the Smart on Crime initiative and it’s impact on mandatory minimum sentencing and investments in rehabilitation and reentry programs.

“The early results of these efforts have been extremely promising,” said Lynch. “I am not just hopeful, but excited about where these reforms will lead us in the years to come.”

Making the criminal justice system more efficient, more effective and more fair on the federal level will require broader reform efforts bipartisan support in Congress, said Lynch, adding that those efforts have to involve repairing the relationship between young people and law enforcement.

“Ultimately, we need children to see possibilities for themselves beyond the cycle of criminality and incarceration that has too often become a tragic and familiar fact of life,” said Lynch. “America is a land of second chances – but it must also be a land where we give opportunities to young people who haven’t gotten a chance at all.”

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CITY OF SAN LEANDRO STATE OF CALIFORNIA PUBLIC WORKS DEPARTMENT ENGINEERING DIVISION NOTICE TO BIDDERS FOR ANNUAL STREET OVERLAY/REHABILITATION 2019-21 – PHASE III

WORK DESCRIPTION: The work to be done consists of roadway paving, base cement stabilization, concrete curb ramps, driveways, sidewalks, curbs and gutters, traffic detection loops and pavement striping, and doing all appurtenant work in place and ready for use, all as shown on the plans and described in the specifications with the title indicated in Paragraph 1 above, and on file in the office of the City Engineer. Reference to said plans and specifications is hereby made for further particulars.

Published

21 hours ago

February 20, 2026

Oakland Post

PROJECT NO. 2020.0050

BID NO. 25-26.011

BID OPENING: The bidder shall complete the “Proposal to the City of San Leandro” form contained in the Contract Book. The proposal shall be submitted in its entirety. Incomplete proposals will be considered non-responsive. Sealed bids containing the completed Proposal Section subject to the conditions named herein and in the specifications for ANNUAL STREET OVERLAY/REHABILITATION 2019-21 – PHASE III/PROJECT NO. 2020.0050 addressed to the City of San Leandro will be received at City Hall, 835 East 14^th Street, 2^nd Floor San Leandro at the office of the City Clerk up to 3:00 p.m. on Thursday, March 19, 2026, at which time they will be publicly opened and read.
WORK DESCRIPTION: The work to be done consists of roadway paving, base cement stabilization, concrete curb ramps, driveways, sidewalks, curbs and gutters, traffic detection loops and pavement striping, and doing all appurtenant work in place and ready for use, all as shown on the plans and described in the specifications with the title indicated in Paragraph 1 above, and on file in the office of the City Engineer. Reference to said plans and specifications is hereby made for further particulars.
OBTAINING THE PROJECT PLANS AND CONTRACT BOOK: The project plans and Contract Book may be obtained free of charge from the City’s website at:https://www.sanleandro.org/Bids.aspx Bidders who download the plans are encouraged to contact the City of San Leandro Public Works Department Engineering division at 510-577-3428 to be placed on the project planholder’s list to receive courtesy notifications of addenda and other project information. Project addenda, if any, will be posted on the website. A bidder who fails to address all project addenda in its proposal may be deemed non-responsive.Bidders may also purchase the Project Plans and Contract Book from East Bay Blueprint & Supply Co., at 1745 14^th Street, Oakland, CA 94606; Phone Number: (510) 261-2990 or email: ebbp@eastbayblueprint.com.
PRE-BID CONFERENCE: A mandatory pre-bid conference will be held on Tuesday, February 24, 2026, at 2:00 PM and on Wednesday, February 25, 2026, at 10:00 AM as follows:
Tuesday, February 24, 2026, at 2:00 PM
Zoom Meeting ID: 883 8752 6074
Passcode: 502955
Zoom Link: https://sanleandro-org.zoom.us/j/88387526074?pwd=hZ5rjB8AWdLAUem3CtByFiZxqKarHj.1
And
Wednesday, February 25, 2026, at 10:00 AM
Zoom Meeting ID: 898 2672 0472
Passcode: 091848
Zoom Link: https://sanleandro-org.zoom.us/j/89826720472?pwd=JgZX2nXMpLSRM5xDPr7EJUxl7QIznr.1The information presented at the conferences will be identical, all bidders must attend one of the pre-bid conference and sign the attendance sheet. A firm that didn’t attend the pre-bid conference isn’t qualified to bid on the project.Questions regarding the plans and specifications may be submitted in writing to the project engineer until 5:00 p.m. five (5) days before, excluding Saturdays, Sundays and Holidays, bids must be received by the City. The City will not respond to oral questions outside of the pre-bid conference. The response, if any, will be by written addendum only. Oral responses do not constitute a revision to these plans or specifications.
VALUE OF WORK: The Engineer has estimated that the value of work is between $1,000,000 and $5,000,000.
SAN LEANDRO BUSINESS PREFERENCE AND PARTICIPATION GOALS: The work performed under this contract is subject to Section 1-6-225 of the San Leandro Municipal Code regarding local business preference and participation. A list of companies that hold a San Leandro business license is located on the City webpage under the finance department, here: https://www.sanleandro.org/340/Business-License
SAN LEANDRO COMMUNITY WORKFORCE AGREEMENT: The work performed under this contract is subject to the Community Workforce Agreement adopted by City Council Resolution 2015-104. Contractors attention is directed to Section 10.

Dated: February 13, 2026 Sarah Bunting, City Clerk

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Oakland Post: Week of February 11 = 17, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 11 – 17, 2026

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5 days ago

February 16, 2026

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Rising Optimism Among Small And Middle Market Business Leaders Suggests Growth for California

“Business leaders across the Pacific region continue to demonstrate a unique blend of resilience and forward-thinking, even in the face of ongoing economic uncertainty,” said Brennon Crist, Managing Director and Head of the Pacific Segment, Commercial Banking, J.P. Morgan. “Their commitment to innovation and growth is evident in the way they adapt to challenges and seize new opportunities. It’s this spirit that keeps our region at the forefront of business leadership and progress. We look forward to helping our clients navigate all that’s ahead in 2026.”

Published

7 days ago

February 14, 2026

Oakland Post

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Sponsored by JPMorganChase

Business optimism is returning for small and midsize business leaders at the start of 2026, fueling confidence and growth plans.

The 2026 Business Leaders Outlook survey, released in January by JPMorganChase reveals a turnaround from last June, when economic headwinds and uncertainty about shifting policies and tariffs caused some leaders to put their business plans on hold.

Midsize companies, who often find themselves more exposed to geopolitical shifts and policy changes, experienced a significant dip in business and economic confidence in June of 2025. As they have become more comfortable with the complexities of today’s environment, we are seeing optimism rebounding in the middle market nationwide – an encouraging sign for growth, hiring, and innovation. Small businesses, meanwhile, maintained steady optimism throughout 2025, but they aren’t shielded from domestic concerns. Many cited inflation and wage pressures as the top challenges for 2026 and are taking steps to ensure their businesses are prepared for what’s ahead.

Overall, both small and midsize business leaders are feeling more confident to pursue growth opportunities, embrace emerging technologies and, in some cases, forge new strategic partnerships. That bodes well for entrepreneurs in California. Here are a few other key findings from the Business Leaders Outlook about trends expected to drive activity this year:

Inflation remains the top concern for small business owners. Following the 2024 U.S. presidential election, many anticipated a favorable business environment. By June 2025, however, that feeling shifted amid concerns about political dynamics, tariffs, evolving regulations and global economic headwinds.
Going into 2026, 37% of respondents cited inflation as their top concern. Rising taxes came in second at 27% and the impact of tariffs was third at 22%. Other concerns included managing cash flow, hiring and labor costs.

For middle market leaders, uncertainty remains an issue. Almost half (49%) of all midsize business leaders surveyed cited “economic uncertainty” as their top concern – even with an improved outlook from a few months ago. Revenue and sales growth was second at 33%, while tariffs and labor both were third at 31%.
And tariffs are impacting businesses costs. Sixty-one percent of midsize business leaders said tariffs have had a negative impact on the cost of doing business.
Despite challenges, leaders are bullish on their own enterprises. Though the overall outlook is mixed, 74% of small business owners and 71% of middle market companies are optimistic about their company’s prospects for 2026.
Adaption is the theme. For small business owners surveyed across the U.S., responding to continuing pressures is important in 2026. Building cash reserves (47%), renegotiating supplier terms (36%) and ramping up investments in marketing and technology are among the top priorities.
Big plans are on the horizon. A majority midsized company leaders expect revenue growth this year, and nearly three out of five of (58%) plan to introduce new products or services in the coming year, while 53% look to expand into new domestic and/or international markets. Forty-nine percentsay they’re pursuing strategic partnerships or investments.

The bottom line

Rebounding optimism among U.S. business leaders at the start of the year is setting the stage for an active 2026. With business leaders looking to implement ambitious growth plans that position themselves for the future, momentum in California could be beneficial for leaders looking to launch, grow or scale their business this year.