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Nation adds jobs elsewhere; Blacks are left standing in the unemployment line

The nation’s businesses added 235,000 jobs in February but the companies obviously didn’t hire in the Black community where the unemployment rate went up compared to other racial and ethnic groups. The Black jobless rate in February was 8.1 percent ...

Black job shortage is ‘crisis’

Widening inequality, rising housing costs and a lack of opportunity have led to a critical shortage of jobs in the Black community that has hit the crisis level, according to a new study from researchers at UCLA. The findings were ...

USC professor named first Black Federal Reserve Bank president

Raphael Bostic, a professor at the USC School of Public Policy, was named Monday president of the Federal Reserve Bank of Atlanta, making him the first Black leader of a regional federal bank. “He is a seasoned and versatile leader, ...

Proposed tax on services may hurt small business owners

A proposed state bill designed to restructure California’s tax system could end up hurting small businesses. Senate Bill 640, which was introduced by State Sen. Robert M. Hertzberg (D-Los Angeles), would raise taxes on services such as haircuts, and beauty ...

Yes on S is about fighting gentrification

Urban renewal of the 1960s, which James Baldwin coined, “Negro Removal,” met fierce community opposition. Modern-day gentrification is more subtle, but equally vicious. The powerful perpetrators of displacement must like that the conversation typically focus on the new residents walking ...

New agriculture park, community center, breaks ground in Watts

This week Tim Watkins, president of the Watts Labor Community Action Committee (WLCAC) and a number of local partners broke ground on a new urban farm park and community center located at 103rd and Grape streets in Watts. In April ...

Ford family paid $1.5 million in settlement

The Los Angeles City Council yesterday agreed to pay $1.5 million to settle a lawsuit filed by the family of Ezell Ford over the fatal shooting of the mentally-impaired South Los Angeles man by LAPD officers in 2014.

Small business funding offered

The Small Business Administration and a number of organizations feature competitions that give prospective entrepreneurs an opportunity to win funds to launch a small business. *The Aspire Challenge for Entrepreneurship Training and Microloan targets previously incarcerated individuals and the SBA ...

Macy’s to lay off thousands will expand Century City store

In conjunction with restructuring store operations, Macy’s Inc. last week announced that it will lay off more than 10,100 employees and expand its Westfield Century City, Los Angeles, store (a 155,000 square-foot store to open in spring 2017; Macy’s previously ...

Lucas Museum in Expo Park may increase economic growth

South Los Angeles was chosen this week as the new home of filmmaker George Lucas’ Museum of Narrative Art, with the museum’s board of directors selecting Exposition Park over a competing bid from San Francisco. “We have been humbled by ...

Mayor’s ‘Fair Chance Hiring Fair’ provides uplift for job seekers

A job fair hosted recently by Mayor Eric Garcetti gave formerly incarcerated Angelenos the second chances they need to find good-paying jobs and provide for themselves and their families. The first-ever Fair Chance Hiring Fair—a partnership between Mayor Garcetti’s Blue ...

Most banks remain reluctant to invest in minority-owned firms

The banks with the largest market share in California remain reluctant to contract with businesses owned by minorities and/or women. That’s the sober assessment from a new report issued by the Greenlining Institute, a Bay Area financial advocacy group focusing ...

Pacific Coast Regional celebrates 40 years

Soon Pacific Coast Regional (PCR) will complete a milestone that some may have doubted would ever happen; the organization is on the eve of celebrating 40 years of service.

Snow drift on Central Avenue

If you visit Central Avenue near 43rd Street on Dec. 20, be sure to wear your top coat, boots, mittens—and even long underwear—as the first-ever “South LA Winter Wonderland” takes over a portion of the famous thoroughfare from 4 to ...

Vermont Slauson appoints new executive director

The board of directors of the Vermont Slauson Economic Development Corporation (VSEDC) recently appointed Joseph “Joe” T. Rouzan III as the new executive director of the organization. Rouzan assumes the leadership of VSEDC left vacant by the loss of the ...