Saturday, November 27, 2010

How are Black Women Making It in the Workplace?

by Dr. Boyce Watkins, Syracuse UniversityScholarship in Action 

When a very important member of my management team told me that she was going to take time off to have a child, my brain stopped in its tracks. I wondered how we were going to remain fully productive, how long she would be gone, and how I should respond to such a sensitive situation. I then realized that, like so many American business owners, I was thinking like a man. Once I came to my senses, I let go of my personal concerns and focused solely on supporting her in this important step. I then realized that this interaction happens in workplaces across America, and the results are not always so amicable.

The United States is among the worst of industrialized nations when it comes to comes to making allowances for the professional challenges that women face relative to men. A woman who stops working in order to have children and/or raise a family may find that when she returns to the workforce, her opportunity set has diminished significantly. This doesn't even consider typical gender-based discrimination, sexual harassment and other daunting barriers to advancement.


You may already know that according to the US Department of Labor, women now outnumber men in the workplace (64.2 million to 63.4 million). This takes us a long way from the days when women weren't allowed to vote, or female attorneys couldn't be more than legal secretaries. Given that we have grown so much as a society, our nation has to step into the 21st century when it comes to equalizing the employment landscape.

 

Click to read.

Friday, November 19, 2010

Black Celebrity Gossip Blogger Necole Bitchie Shares Her Celeb Money Insights

Necole Bitchie
Necole Bitchie is a much loved urban media maven who came onto the blogging scene in 2007, and has remained a major player in the field ever since. Her eponymous blog,NecoleBitchie.com is one of the most popular Web destinations for discussing celebrity dish, offering a fresh voice and unique perspective on African American stars. How did Necole Bitchie make such a profound impact in such a short time in a crowded field? She shares the amazing business insights -- and a few celebrity finance secrets -- that have contributed to her stellar success. Here's what Necole told BV on Money:

What is your name and what do you do?

My name is Necole Bitchie and I am the voice behind the celebrity entertainment blogsite NecoleBitchie.com.

What are some of the misperceptions people have about celebrities and their money?

Click to read.

Sunday, November 7, 2010

CNN’s Soledad O’Brien Has an Issue with Jesse Jackson

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Below is an excerpt from her book “The Next Big Story.”

Even though I am not sure what he is saying, I can tell he is angry. Today he is angry because CNN doesn’t have enough black anchors. It is political season. There are billboards up sporting Paula Zahn and Anderson Cooper. He asks after the black reporters. Why are they not up there? I share his concern and make a mental note to take it back to my bosses. But then he begins to rage that there are no black anchors on the network at all. Does he mean covering the campaign, I wonder to myself? The man has been a guest on my show. He knows me, even if he doesn’t recall how we met. I brought him on at MSNBC, then again at Weekend Today. I interrupt to remind him I’m the anchor of American Morning. He knows that. He looks me in the eye and reaches his fingers over to tap a spot of skin on my right had. He shakes his head. “You don’t count,” he says. I wasn’t sure what that meant. I don’t count — what? I’m not black? I’m not black enough? Or my show doesn’t count?

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Saturday, November 6, 2010

Cutting Taxes for the Rich? Yes, that’s Bad for the Economy

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Watch Dr. Boyce Watkins explain on CNBC that extending the Bush tax cuts for the wealthy is bad for America.   Click here to watch

Black Men See Biggest Dip in Unemployment

by Dr. Boyce Watkins, Syracuse UniversityScholarship in Action 

How one analyzes the black unemployment numbers for the month of October really comes down to whether you see the glass as being half empty or half full. On one hand, most of the indicators of black unemployment went down, but they still remain remarkably high relative to the numbers for white Americans.
According to data released by the Bureau of Labor Statistics, black unemployment dropped by .4 percentage points, from 16.1 percent to 15.7 percent. The number is still nearly double that of white unemployment, which lies at 8.8 percent.
Black male unemployment actually saw the steepest decline among all race/gender groups, dropping from 17.6 percent to 16.3 percent. The number is still 83 percent higher than white male unemployment (which is 8.9 percent).
Black women saw a slight increase in their unemployment rate, which went from 12.6 percent to 12.7 percent. The unemployment numbers for black women are 74 percent higher than those for white females (at 7.3 percent, lower than any other group in America).

Click to read.

Friday, November 5, 2010

Boyce Watkins on CNBC: Why are Republicans Fighting So Hard for the Wealthy Already?

 

Dr. Boyce appears on CNBC to ask why the Republicans are already fighting to extend Bush tax cuts for the wealthy.  To watch the video, please click here.