Despite reports that the U.S. economy is bouncing back, times remain tough for the average American — especially those among the long-term unemployed. Nearly 1.3 million Americans saw their unemployment insurance terminated last year and over the next year, 4.9 million unemployed Americans will get fewer benefits.
President Obama has called income inequality the defining challenge of our time. At the end of 2012, the top 1 percent owned 50.4 percent of the total wealth in the country, a level that even surpasses that of 1928, when the roaring 20s stock bubble was at its peak. It’s no surprise that many of us continue to tighten our purse strings – a recent Bankrate.com survey showed that 38 percent of Americans even cut back on holiday spending last year.
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In this sluggish economic recovery, the banking industry can serve as a solid job creator (generating 1 million jobs over the next decade) and wealth builder in communities of color. The trend of growing racial economic inequality paired with our country rapidly becoming majority minority posses a great threat to our nation’s economic future. Greater economic inclusion in the leading sectors of the economy is a must and is why the NAACP is committed to working with them to advance greater racial equity.
The NAACP recently released a report, “Opportunity and Diversity Report Card: Consumer Banking Industry”, that highlights key areas where the banking industry can improve to ensure their workforce, leadership and suppliers adequately reflect the demographics of the United States.
Roslyn M. Brock, NAACP National Board of Directors
On a recent Sunday morning, church-goers in Baltimore piled into their places of worship expecting to hear a sermon on an epic battle. To the surprise of many, the battle the pastor spoke of was not between David & Goliath but between the black community and the HIV/AIDS epidemic.
Over the past three decades the HIV/AIDS epidemic has plagued African American communities throughout the country. Countless families have endured the pain of losing a loved one to this disease.
We are at the dawn of a new day as our nation moves one step closer to becoming the more perfect union our forefathers envisioned. Beginning this month, nearly 48 million uninsured Americans will embark upon a path toward high-quality health care.
On October 1, the Affordable Care Act’s Health Insurance Marketplace opens for enrollment ensuring that hard-working, middle class families at or below the poverty line, can have access to quality health care without the threat of financial instability.
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Program to Train Black Church Leaders in 30 U.S. Cities to Educate Parishioners on HIV Screening, Treatment and Prevention
(New York City) – Today, onstage at the 2013 Clinton Global Initiative (CGI) Annual Meeting, the NAACP and its partner, Gilead Sciences, announced a joint CGI Commitment to Action to enlist faith leaders as change agents to address the disparate impact of HIV/AIDS on the African American community. Over the next five years, this unique partnership will expand its pilot program, The Black Church and HIV: The Social Justice Imperative, to reach the 30 cities that account for nearly two-thirds of the nation’s HIV epidemic.
“The Black Church and the NAACP have been partners in the struggle for social justice for more than a century. Today, our fight is against a growing HIV/AIDS epidemic that disproportionately impacts the lives of African Americans,” said Roslyn M. Brock, Chairman of the NAACP National Board of Directors. “For years, many felt that a discussion about HIV/AIDS had no place in African American houses of worship. However, the Black Church remains the cornerstone of our community and must be a critical voice and partner in helping to combat the HIV crisis.”
Video of the CGI presentation
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I cannot begin to imagine how hard these past 17 months have been for Sybrina Fulton.
Sybrina lost her son, Trayvon Martin, to a senseless act of violence. She watched the media create a caricature of her son as a thug, and burden him with assumptions about what it means to be a young black teen. And, after a long and painful trial, she saw Trayvon’s killer go free.
We all say “We Are Trayvon” and feel a sense of pain when we think of this tragedy, but Sybrina was a physical part of Trayvon, bound by blood and the love between mother and son.
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75th wedding anniversaries are traditionally commemorated with diamonds to symbolize endurance and love.
It was 75 years ago today that the nation’s oldest and largest civil rights organization responded to the demands of its young members by establishing the Youth and College Division. Under the leadership of a young Juanita Jackson (Mitchell), the NAACP now provided a forum for youth to organize locally, regionally and nationally. They chose anti-lynching and public education as their first priorities.
Since that time hundreds of thousands of young people hailing from the most obscure to the most disclosed areas of our nation have engaged in community service, social change and social justice advocacy through the NAACP Youth and College Division. Granted, many join by parental requirement or with entirely recreational or even erogenous motives. But once they take part in the social activities, constant meetings, exhaustive committee work, seasonal and rapid response campaigns and tireless membership drives implemented by many youth councils and college chapters, even the indifferent often find a purpose greater than selfish interests. Continue reading
As we look at the climate of American society today, we find that history is unfortunately repeating itself. In the midst of the healthcare debate, the dreadful truths of racism and classism have reared their ugly heads in ways we have not seen since the end of the modern civil rights era.
Racial segregation in American schools is more pronounced today than it was 40 years ago. Integrated schooling in the U.S. reached a peak in 1990, but has since then taken a steep decline to levels we haven’t seen in decades.
The housing crisis of the 21st century devastated communities across the United States and the foreclosure rate skyrocketed to alarming numbers. Americans throughout the country either experienced the economic downtown indirectly or directly, but the African American community fared worse than any other racial group and are facing great challenges in regaining economic security even as the economy and labor market begins to recover. Recent data show: 1) The homeownership rate for African Americans has dropped 6% (twice the rate of any other racial group and the national average); 2) The foreclosure rate higher for African Americans than any other group at 8%[i]; 3) Mortgage lending to African Americans has dropped 60%; and 4) African Americans who are successful at securing a mortgage, often times are still paying more than White and Asian mortgage borrowers.