National Urban League Reports on "State of Black America"
Community Score: 50% | 246 views | 1w
0 community ratings: null thumbs up, null thumbs down
Marc Morial, President and CEO of the National Urban League, discusses the significant decline in labor force participation among Black mothers. He attributes the decline primarily to widespread layoffs affecting professional Black women, many with college and graduate degrees, exacerbated by the high cost and difficulty of securing childcare. Morial highlights that Black unemployment has risen from 4.3% to 6.3% over two years, reflecting a broader deterioration in economic conditions. He connects these workforce challenges to a retreat from civil rights protections and diversity commitments in corporate America, which have undermined economic stability for Black Americans. Referencing the National Urban League's recent report, Morial warns that the American dream feels increasingly out of reach for many Black Americans, with difficulties in securing stable jobs, affordable housing, healthcare, and retirement security. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm E
Tags: American Dream, Black women, Carol Massar, Economy, Job Market, Marc Morial, National Urban League Inc, Politics, Tim Stenovec, Unemployment, black america, childcare
More from Bloomberg Podcasts
- Follow the Money All the Way to Carney's Canada — Score: 50%
- Daybreak Weekend: US CPI, Europe Energy, RBA Decision | Bloomberg Daybreak: Europe Edition — Score: 50%
- Bloomberg Money: Credit Card Indicators and Golf's Changing Fanbase | Bloomberg Intelligence — Score: 50%
- We hear you! | Bloomberg Hot Pursuit! — Score: 50%
- Bloomberg Businessweek Weekend - August 7th, 2026 | Bloomberg Businessweek — Score: 50%
- Team Favorite: AI-Era Internet, Spaceport Investment, Bolivia’s Investability | Wall Street Week — Score: 50%