Monthly Archives: November 2015

Unemployment Rate By HBCU State – September 2015

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ALABAMA –  6.0% (6.2%)

ARKANSAS – 5.2% (5.4%)

CALIFORNIA – 5.9% (6.1%)

DELAWARE – 4.9% (4.9%)


FLORIDA – 5.2% (5.3%)

GEORGIA – 5.8% (5.9%)

ILLINOIS – 5.4% (5.6%)

KENTUCKY – 5.0% (5.2%)

LOUISIANA – 6.0% (6.0%)

MARYLAND – 5.1% (5.1%)

MASSACHUSETTS – 4.6% (4.7%)

MICHIGAN – 5.0% (5.1%)

MISSISSIPPI – 6.1% (6.3%)

MISSOURI –  5.3% (5.6%)

NEW YORK – 5.1% (5.2%)

NORTH CAROLINA – 5.8% (5.9%)

OHIO – 4.5% (4.7%)

OKLAHOMA – 4.4% (4.6%)

PENNSYLVANIA – 5.3% (5.4%)

SOUTH CAROLINA – 5.7% (6.0%)

TENNESSEE – 5.7% (5.7%)

TEXAS – 4.2% (4.1%)

VIRGINIA – 4.3% (4.5%)

*Previous month in parentheses.

African America’s October Jobs Report – 9.2%


Overall Unemployment: 5.0% (5.1%)

African America Unemployment: 9.2% (9.2%)

Latino America Unemployment: 6.3% (6.4%)

European America Unemployment: 4.4% (4.4%)

Asian America Unemployment: 3.5% (3.6%)

Previous month in parentheses.

Analysis: Overall unemployment dropped 10 basis points in the month of October from the previous month. African and European American both saw unchanged unemployment rates. Asian and Latino America both saw decreases of 10 basis points.

African American Male Unemployment: 9.2% (8.9%)

African American Female Unemployment: 8.1% (8.0%)

African American Teenage Unemployment: 25.6% (31.5%)

African American Male Participation: 67.0% (66.9%)

African American Female Participation: 62.5% (62.1%)

African American Teenage Participation: 27.0% (28.7%)

Previous month in parentheses.

Analysis:African American males had a 30 basis point increase in their unemployment rate and a 10 basis point increase in their participation rate. African American females had a 10 basis point increase in their unemployment rate and a 40 basis point increase in their participation rate. African American teenagers  unemployment rate declined 590 basis points and participation rate also experienced a decline of 170 basis points.

CONCLUSION: The overall economy added 271 000 jobs in October. African America added 47 000 jobs in October. African America’s economy is stagnant. Very little movement in key factors like the participation rate have basically gone unchanged the past five months. Despite this, the labor force continues to see a steady increase the past five months. Going into the holiday season should be helpful to seasonal hiring and improve the employment numbers. African American needs an increase of 817 000 jobs to match the country’s unemployment rate. An increase of 15 000 from September’s number.

HBCU Money™ Business Book Feature – More Money Than God: Hedge Funds and the Making of a New Elite


“Splendid…the definitive history of the hedge fund, a compelling narrative full of larger-than-life characters and dramatic tales.” — The Washington Post

Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first- century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked its mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009.

HBCU Money™ Dozen 11/2 – 11/6


Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.


Insects are the real rulers of this world. How did they pull that off? l New Scientist

Tablet demand next year down to just 17%, Gartner says l CIOonline

The benefits of adding fish oil to your active #horse’s diet l KY Equine Research

Gene editing has saved the life of a girl with cancer – a world first l New Scientist

Could Detroit become the next Silicon Valley? l Computerworld

Researcher says Michigan could get to 100% renewable energy by 2050 l Renewable Cities

Federal Reserve, Central Banks, & Financial Departments

How equal are the world’s #education systems? l World Economic Forum

Fannie Mae CEO pushes for more credit-risk sharing in bond market l Housing Wire

[Infographic] Here’s what the typical homebuyer and seller look like l Housing Wire

5 years of research & analysis on Africa’s economic & social issues l World Bank

10 steps to becoming a successful young leader at #work l World Economic Forum

Check your bank accounts on a weekly basis to ensure purchases are yours l Philadelphia Fed

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ November 6, 2015

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.


African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $8.41 (0.71% DN)

M&F Bancorp (MFBP) $3.35 (0.00% UNCH)

Radio One (ROIA) $1.95 (4.41% DN)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  303.46 (0.06% DN)

Botswana Stock Exchange (BSE)  10 580.39 (0.13% UP)

Ghana Stock Exchange (GSE)  1 984.22 (12.24% DN)*

Nairobi Stock Exchange (NSE)  139.42 (N/A)

Johannesburg Stock Exchange (JSE) 52 964.07 (2.05% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 483.10 (0.62% DN)

London Stock Exchange (LSE)  3 483.50 (0.09% DN)

Tokyo Stock Exchange (TOPIX)  1 563.59 (0.55% UP)


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