In 2003, Willy Gissen founded Cut-It-Out Communications, a Westchester public relations agency based in Hartsdale, New York. His organization specializes in the incorporation of online activities into traditional public relations programs, primarily for business-to-business clients.
See his content provision articles at public relations instruction.
Impact of Recession on the Black Community
July 13th, 2009
The lead article in today’s New York Times is titled, “Black-White Gap in Jobless Rates Widens in City.” It describes the impact of the recession on the black community, and in New York City, in particular. The article notes that while much attention has been focused on professional services, such as the financial sector and Wall Street, the impact on other sectors of the City’s economy has been even greater.
The article’s new jobless statistics seem to defy common sense. While it would be easier for businesses to save money by cutting higher-paying jobs at the top of the corporate ladder, the impact on lower-paying jobs, especially in the retail sector — due to the decline in consumer spending – has been even greater.
However, the results should come as no surprise to observers of U.S. politics and economic realities. Despite the fact that we have a black President, there is still much inequality in our nation. We’re making progress, but sometimes it appears to be two steps forward and one step back.
Fortunately, the best approach, to shine a light on the situation, is now occurring thanks to the article in the Times. Here are the statistics cited in the Times study: From the first quarter in 2008 to the first quarter in 2009, the national unemployment rates for blacks rose from 8.9 percent to 13.6 percent, compared to a rise for whites of 4.8 percent to 8.2 percent. In NYC, it was even worse: from 5.7 percent to 14.7 percent, compared to 3.0 percent to 3.7 percent for whites.
Do the math, and you’ll see the disparity. If you’re an employer, please think carefully about your human resources policy.
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