Monthly Archives: July 2017

Unemployment Rate By HBCU State – May 2017


STATES WITH RISING UNEMPLOYMENT: 5

STATES WITH DECLINING UNEMPLOYMENT: 16

STATES WITH UNCHANGED UNEMPLOYMENT: 3

LOWEST: ARKANSAS – 3.4%

HIGHEST: DISTRICT OF COLUMBIA – 6.0%

STATE – UNEMPLOYMENT RATE (PREVIOUS)*

ALABAMA –  4.9% (5.4%)

ARKANSAS – 3.4% (3.5%)

CALIFORNIA – 4.7% (4.8%)

DELAWARE – 4.7% (4.6%)

DISTRICT OF COLUMBIA – 6.0% (5.9%)

FLORIDA – 4.3% (4.5%)

GEORGIA – 4.9% (5.0%)

ILLINOIS – 4.6% (4.7%)

KENTUCKY – 5.0% (5.1%)

LOUISIANA – 5.7% (5.8%)

MARYLAND – 4.2% (4.3%)

MASSACHUSETTS – 4.2% (3.9%)

MICHIGAN – 4.2% (4.7%)

MISSISSIPPI – 4.9% (5.0%)

MISSOURI –  3.9% (3.9%)

NEW YORK – 4.4% (4.3%)

NORTH CAROLINA – 4.5% (4.7%)

OHIO – 4.9% (5.0%)

OKLAHOMA – 4.3% (4.3%)

PENNSYLVANIA – 5.0% (4.9%)

SOUTH CAROLINA – 4.1% (4.3%)

TENNESSEE – 4.0% (4.7%)

TEXAS – 4.8% (5.0%)

VIRGINIA – 3.8% (3.8%)

*Previous month in parentheses.

African America’s June Jobs Report – 7.1%


Overall Unemployment: 4.4% (4.3%)

African America Unemployment: 7.1% (7.5%)

Latino America Unemployment: 4.8% (5.2%)

European America Unemployment: 3.8% (3.7%)

Asian America Unemployment: 3.6% (3.6%)

Previous month in parentheses.

Analysis: Overall unemployment rose 10 basis points. This was a rise from the lowest levels since May 2001. African and Latino America dropped 40 basis points, while Asian and European America were negligible in their change.

African American Male Unemployment: 6.3% (6.5%)

African American Female Unemployment: 6.8% (7.0%)

African American Teenage Unemployment: 21.1% (27.3%)

African American Male Participation: 67.5% (67.5%)

African American Female Participation: 62.4% (62.9%)

African American Teenage Participation: 30.8% (31.3%)

Analysis: All three African American groups saw decreases in their unemployment rate, but it was the Teenage group who led the way with an astounding 620 basis point drop. Participation rates though for women and teenagers both declining, while the men had no change.

African American Male-Female Job Gap: 945 000 jobs (1 038 000 jobs)

CONCLUSION: The overall economy added 222 000 jobs in June. This exceeded many economists expectations. African America saw a job increase came in at 16 000, a fourth straight month of job gains. However, job growth appears to be slowing after two months ago coming in at 100 000 and the month prior being at 46 000. Still this is the highest number of employed that African America has seen overall in sometime. Explaining job growth for the country let alone African America at this point has reached a guessing game for many economists. The participation rates continue to be a concern overall, especially among men who continue to see their number slide and women’s participation rate remains erratic at best.

African America currently needs 608 000 jobs to match America’s unemployment rate. A decrease of 108 000 from May.

HBCU Money™ Business Book Feature – Restart: The Last Chance for the Indian Economy


Farms, not factories. When industry is the path to prosperity. Ancient, archaic laws When the majority of Indians are less than 25 years old. Armies of unemployed. When companies are hunting for skilled workers. Half-built highways. When its people dream of speed. Indias problems can seem overwhelming. But solutions exist.

In Restart, Mihir S. Sharma shows what can and must change in Indias policies, its administration and even its attitudes. The answers he provides are not obvious. Nor are they all comforting or conventional. Yet they could, in less time than you can imagine, unleash the creativity of a billion hopeful Indians.

Can YOU Run This Institution: Prairie View A&M Looks To Train Next Generation of HBCU Administrators


President George C. Wright has been an integral force in bringing Prairie View A&M University a new stadium, but his legacy may be in a new program that allows students at the HBCU just outside of Houston to shadow administrators for a day to learn what it truly takes to run, manage, and grow an HBCU. This is vital when looking across the landscape of HBCUs where far too many HBCUs are being run by non-HBCU alums. It is almost an indictment on HBCU boards that when choosing an administration that far too many candidates have little to no HBCU connection. The pipeline from which HBCUs can choose their leadership reflective of their strategic needs and cultural values is vital to the future of them remaining true to being institutions that serve African America’s interest in higher education.

Prairie View A&M’s program allows students to shadow administration for a day is vital for both exposure and mentorship. Engaging students in the experience is also is key to their ability to participate as alumni in understanding how they can both help externally or maybe one day as leadership themselves. If the program is nurtured it could become a program that trains not only students at Prairie View, but others as well. Such a simple step could have a meaningful and lasting impact on the future of our institutions. We decided to reach out to Antony Owens (pictured above center) who participated in the program to see the impact that is truly had.

Name: Antony Owens

Classification: Junior

Major: Architecture and Construction Science

What made you decide to participate in the program?

My organization, Panther Ambassadors hosts the Can YOU Run This Institution program, as a member of the organization I wanted to lead by example and participate in the program myself.

Who did you shadow and how was that determined?

I shadowed Dr. Thomas-Smith, generally students are given a list of the faculty that will be participating and are then able to choose whom they would like to shadow.

What was your takeaway from participating?

There is a lot of grunt work done by a few key people across the university. Dr. Thomas-Smith for instance has a lot to do with the university’s accreditation, she has to work with people across campus and all the different departments to acquire full accreditation for the university. To do her job would require a strong work ethic, patience, management skills and the ability to lead.

Are there things that you were surprised at learning that it takes to run the university?

I was taken back by the fact that even after one finishes college and is done with school, they may still have homework. It was a realization because I thought homework stopped after school, but in order to complete things in a timely and well done manner, one may have to sacrifice more time in order to meet expectations.

How do you think the participation in the program will help you as an alumnus even if you do not go on to become an administrator?

It has helped me mature and get a better picture of what the work life is like when you have nobody but yourself to truly hold you accountable.