Economic Blues

Autor/in	Stuart, Reginald
Titel	Economic Blues
Quelle	In: Diverse: Issues in Higher Education, 26 (2009) 19, S.8-10 (3 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1557-5411
Schlagwörter	Employment Patterns; Purchasing; Affirmative Action; African Americans; Real Estate; Unemployment; Ownership; Residential Patterns; California; Maryland; Michigan + Suchen Sie Ihr Suchwort? Beschäftigungsstruktur; Beschaffungswesen; Kauf; Afroamerikaner; Grundstück; Arbeitslosigkeit; Eigentum; Wohnsituation; Kalifornien
Abstract	Today, a national economy gone bust has derailed Black Americans' plans across the country. Gone are many of the economic gains, small as they were, achieved in the post-segregation era by millions of 1960s generation children and their children. Black America today is beset by job losses, business closures, pay cuts, furloughs, investment and savings losses, nose-diving home values and losses of homes and cars. As important, the economic shakeout has redefined the landscape ahead, as established ways of getting ahead--undergraduate and graduate degrees--and the infrastructure that nurtured it--affirmative action and diversity programs--have been turned on their heads. Thousands of high-income, white-collar jobs in the services industries, foundations and education have been eliminated. Diversity programs have been moved down the priority list of many employers. The gains of a whole era and the optimism that fed it have vanished. The economic slump is hitting people in different ways. Still, for all but a few of the wealthiest Black Americans, most are telling grim stories that illuminate the daily drum of aggregate numbers about double-digit unemployment, declining purchasing power, depleted savings and home foreclosures. They also tell a story of a determination to work through it. (ERIC).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10