December, 08 2021, 10:46am EDT
Joblessness Crisis For Black Men Costs About $50 Billion Per Year
New Report Factors in Impact of Undercounting Joblessness, Incarceration Rates, Mortality Rates
WASHINGTON
The monthly unemployment rate undercounts jobless Black men, but even with the undercount, Black men have consistently had the highest annual unemployment rate for the last 20 years. A new report, released today by the Center for Economic and Policy Research (CEPR), assesses three major factors that contribute to the undercount of jobless Black men, and calculates the full cost that joblessness has on Black communities and the US economy in general.
CEPR will hold a press conference call via Zoom today at 12:30 pm ET (register below) to give reporters the opportunity to discuss The Jobs Crisis for Black Men is a Lot Worse Than You Think with author Algernon Austin, CEPR's Director of Race and Economic Justice.
The Jobs Crisis for Black Men is a Lot Worse Than You Think reveals the job gap for Black men found between two official jobless measures, the unemployment rate and the employment-to-population ratio (EPOP). The white-Black EPOP jobs gap is about three times the unemployment rate jobs gap during a period of moderately high unemployment.
However, this report further reveals how prime-age Black men differ from other groups. A problem with the official labor market statistics is that they do not include the Black men who are incarcerated or allow for the economic impact of higher mortality rates among Black men. The criminal justice system has racial and class biases that lead to higher rates of incarceration for Black males. Because of structural inequalities that affect health outcomes, Black males have a higher mortality rate than white males. Incarceration and mortality both significantly reduce the Black male labor force and are hidden factors which deprive Black communities of Black men's potential incomes.
REGISTER:
Register in advance for this press call:
https://zoom.us/webinar/register/WN_1p63nsMcTASas32ixBftpA
After registering, you will receive a confirmation email containing information about joining the webinar.
(A recording of the press conference call will be available 24 hours after the event.)
The full cost of Black men's joblessness is about $50 billion a year, when considering that the official statistics undercount Black men's joblessness. Closing just the EPOP jobs gap would add about $30 billion annually to Black communities and make a significant reduction in Black poverty.
"Now that we know the crisis is three times worse than we think it is--or four times worse, if we factor in incarceration and mortality--maybe policymakers will be spurred to act," said Austin.
The Center for Economic and Policy Research (CEPR) was established in 1999 to promote democratic debate on the most important economic and social issues that affect people's lives. In order for citizens to effectively exercise their voices in a democracy, they should be informed about the problems and choices that they face. CEPR is committed to presenting issues in an accurate and understandable manner, so that the public is better prepared to choose among the various policy options.
(202) 293-5380LATEST NEWS
Republicans Set to Give Self-Described 'DOGE Person' Keys to Social Security Agency
"A vote for Trump's Social Security Commissioner is a vote to destroy Social Security," warned one advocacy group.
May 04, 2025
The U.S. Senate on Tuesday is set to hold a confirmation vote for President Donald Trump's pick to lead the Social Security Administration—an ultra-rich former Wall Street executive who has aligned himself with the Elon Musk-led slash-and-burn effort at agencies across the federal government.
"I am fundamentally a DOGE person," Frank Bisignano told CNBC in March, amplifying concerns that he would take his experience in the financial technology industry—where he was notorious for inflicting mass layoffs while raking in a huge compensation package—to SSA, which is already facing large-scale staffing cuts that threaten the delivery of benefits for millions of Americans.
In an email on Saturday, the progressive advocacy group Social Security Works warned that Bisignano "is not the cure to the DOGE-manufactured chaos at the Social Security Administration."
"In fact, he is part of it, and, if confirmed, would make it even worse," the group added. "We're not going down without a fight. Republicans may have a majority in the Senate, but we're going to rally to send a message: A vote for Trump's Social Security Commissioner is a vote to destroy Social Security!"
"If Mr. Bisignano can get away with lying before he's even in place as commissioner, who knows what else he'll be able to get away with once he's in office."
Bisignano, the CEO of payment processing giant Fiserv, has been accused during his confirmation process of lying under oath about his ties to DOGE, which has worked to seize control of Social Security data as part of a purported effort to root out "fraud" that advocates say is virtually nonexistent.
As The Washington Post reported in March, Bisignano testified to the Senate Finance Committee that "he has had no contact" with DOGE.
"But Sen. Ron Wyden (D-Ore.), the top Democrat on the Senate Finance Committee, said the claim is 'not true,' citing an account the senator said he received from a senior Social Security official who recently left the agency," the Post noted. "The former official... described 'numerous contacts Mr. Bisignano made with the agency since his nomination,' including 'frequent' conversations with senior executives."
Wyden pointed again to the former SSA official's statement in a floor speech Thursday in opposition to Bisignano, saying that "according to the whistleblower, Mr. Bisignano personally appointed his Wall Street buddy, Michael Russo, to be the leader of DOGE's team at Social Security."
The Oregon Democrat said Republicans on the Senate Finance Committee refused his request for a bipartisan meeting with the whistleblower to evaluate their accusations unless "we agreed to hand over any information received from the whistleblower directly to the nominee and the Trump administration."
"All Americans should be concerned that a nominee for a position of public trust like commissioner of Social Security is accused of lying about his actions at the agency and that efforts to bring this important information to light are being thwarted," Wyden said Thursday. "If Mr. Bisignano can get away with lying before he's even in place as commissioner, who knows what else he'll be able to get away with once he's in office."
"He could lie by denying any American who paid their Social Security taxes the benefits they've earned, claiming some phony pretense," the senator warned. "He could lie about how sensitive personal information is being mishandled—or worse, exploited for commercial use."
Keep ReadingShow Less
'Chilling Attempt to Normalize Fascism': Groups Decry Trump Official's Arrest Threats
"We must not allow intimidation and authoritarian tactics to take root in our political system."
May 04, 2025
A coalition of advocacy organizations on Saturday expressed support for Wisconsin Gov. Tony Evers and warned that the Trump border czar's threat against the Democratic leader marks a "dangerous escalation" of the administration's assault on the rule of law across the United States.
The groups—including All Voting Is Local and the ACLU of Wisconsin—said in a joint statement that Evers' guidance to state officials on how to handle being confronted by federal agents was "a prudent measure aimed at ensuring compliance with state and federal laws while protecting the rights of state employees."
The suggestion by Tom Homan, a leader of President Donald Trump's mass deportation campaign, that Evers could be arrested for issuing such guidance undermines "the foundational principles of our democracy, including the separation of powers, the rule of law, and the right of state governments to operate without undue federal interference," the groups said Saturday.
"To threaten our governor over his legal directive is gross overreach by our federal government, and it is not occurring in a vacuum," they continued, warning that the administration's rhetoric and actions represent a "chilling attempt to normalize fascism."
"Similar occurrences are happening across the nation, including within our academic systems," the groups added. "If we do not reject these actions now, states and other institutions will only lose more and more of their autonomy and power. This is exactly why we underscore Gov. Evers' claim that this event is 'chilling.'"
The threats against Gov. Evers in Wisconsin undermine the foundational principles of our democracy: the separation of powers, the rule of law, and the right of state governments to operate without undue federal interference. We must reject this overreach. allvotingislocal.org/statements/w...
[image or embed]
— All Voting is Local (@allvotingislocal.bsky.social) May 3, 2025 at 9:58 AM
Trump administration officials and the president himself have repeatedly threatened state and local officials as the White House rushes ahead with its lawless mass deportation campaign, which has ensnared tens of thousands of undocumented immigrants and at least over a dozen U.S. citizens—including children.
In an executive order signed late last month, Trump accused "some state and local officials" of engaging in a "lawless insurrection" against the federal government by refusing to cooperate with the administration's deportation efforts.
But as Temple University law professor Jennifer Lee recently noted, localities "can legally decide not to cooperate with federal immigration enforcement."
"Cities, like states, have constitutional protections against being forced to administer or enforce federal programs," Lee wrote. "The Trump administration cannot force any state or local official to assist in enforcing federal immigration law."
Administration officials have also leveled threats against members of Congress, with Homan suggesting earlier this year that he would refer Rep. Alexandria Ocasio-Cortez (D-N.Y.) to the U.S. Justice Department for holding a webinar informing constituents of their rights.
During a town hall on Friday, Ocasio-Cortez dared Homan to do so.
"To that I say: Come for me," she said to cheers from the audience. "We need to challenge them. So don't let them intimidate you."
Keep ReadingShow Less
Republicans Caught Copy-Pasting Koch-Funded Group's Letter Demanding Medicaid Cuts
"You'd be hard pressed to find a more shameless example of congressional Republicans taking their cues from special interests at the cost of the American people than Chip Roy copying and pasting a letter directly from... special interests."
May 03, 2025
A letter that a group of 20 far-right House Republicans released earlier this week as part of a campaign in support of slashing Medicaid appears to have been authored by the head of a research institute with ties to the Koch network.
Politicoreported Friday that "digital metadata embedded in a PDF copy" of the letter that was circulated inside the House of Representatives "lists the author as Brian Blase, president of Paragon Health Institute."
InfluenceWatch notes that in 2021, Paragon received a nearly $2 million donation from Stand Together, "a right-libertarian funding organization that acts as the umbrella organization for the political network that is largely funded by right-leaning businessman and political donor Charles Koch."
Paragon recently urged federal policymakers to require states to conduct more frequent eligibility checks for Medicaid recipients in a purported effort to root out improper payments. Health policy advocates say such a change would make it more difficult for eligible enrollees to keep their Medicaid coverage.
The letter signed by Rep. Chip Roy (R-Texas) and other House Republicans aligns with Paragon's objectives, claiming that "political abuse" of Medicaid "is helping to bankrupt the federal government" and calling for "structural Medicaid reform" in the party's forthcoming reconciliation package.
Tony Carrk, executive director of the watchdog group Accountable.US, said in a statement that "you'd be hard pressed to find a more shameless example of congressional Republicans taking their cues from special interests at the cost of the American people than Chip Roy copying and pasting a letter directly from... special interests."
"This remarkably blatant kowtowing to conservative billionaires is a sad reflection of the congressional Republicans' willingness to make devastating cuts to Americans' healthcare to pay for lower taxes for the richest," said Carrk.
The letter was released as congressional Republicans grappled internally with how and how much to cut Medicaid as they seek to offset the massive projected costs of another round of tax breaks for the rich.
Earlier this week, as Common Dreamsreported, Rep. Don Bacon (R-Neb.) said he would not accept more than $500 billion in cuts to Medicaid over the next decade. Cuts of that magnitude would still be the largest in the program's history and would strip health coverage from tens of millions of people.
Keep ReadingShow Less
Most Popular