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Passive Income Is Not a Myth, but It May Be a Scam

Angelo Franco

In theory, it would stand to reason that generating passive income should be a one-man effort: rolling up your sleeves and getting down to business (but without putting in the elbow grease, because this is supposed to be passive after all). Taking risks upon yourself and likewise reaping the benefits on your own. But passive- income advice content is frequently marketed with byproducts to buy. In other words, there’s always a catch in order to move forward; a first step to take that involves some kind of purchase.

Study Shows Growing Spending Power, Influence of African-American Women

Stacy Brown

The report titled, “African-American Women: Our Science, Her Magic,” was released by Nielsen during the Congressional Black Caucus Foundation’s annual legislative conference; it revealed that African-American women’s consumer preferences and brand affinities are resonating across the mainstream culture, driving total Black spending power toward a record $1.5 trillion by 2021.

What We Can Expect From a Hillary Clinton White House

Earl Ofari Hutchinson

Clinton knows full well the perils ahead. The biggest threat is the Congress that she’ll have to go to with her big spending package. A GOP-controlled Congress will be as hostile to her big budget and tax increases as it was to Obama’s. With a big White House win, Clinton is on far more solid ground when she tries to follow through with the pledge. This will give her the breathing space needed to get parts of her jobs, education, healthcare, and infrastructure overhaul programs through.

 

On Chicago’s West Side, No Rebound From the Recession

La Risa Lynch

While the overall unemployment rate in Chicago has declined since the recession ended, the rate in African-American communities has remained high. The citywide unemployment rate was 8.4 percent in 2014, but it has been well into the double digits in neighborhoods like Austin, North Lawndale, Englewood and Garfield Park, according to a Reporter analysis. The interconnection between unemployment and incarceration has made these communities least likely to share in the economic recovery.

White House: U.S. Economy Is on the Rise

Agnes Constante

The most recent version of the report, released Monday, Feb. 22, by the Council of Economic Advisers, also noted the nation’s economy also extended the longest streak of job growth on record, and that wage growth in the last 12 months was the strongest it has been since the Great Recession. The combination of increased jobs and wages helped boost consumer confidence about the economy to its highest level since 2004, according to the report.

Members of Congress Call on President Obama to ‘Ban the Box’ in Federal Job Applications

Lauren Victoria Burke

The group of U.S. representatives wants the president to sign an executive order to ban federal contractors from asking if potential job seekers have been convicted of crimes. The “box” in question is one that appears on federal hiring applications, asking job seekers if they have a criminal record. As part of an effort to reduce mass incarceration, many around the country have rallied for local governments and workplaces to “ban the box” from their hiring forms.

Should Women Have Paid Menstrual Leave?

Stephanie Stark

A handful of East Asian countries seem to think so. Women in Taiwan get three paid days off per year for menstrual leave. Indonesian women are given two days per month. In South Korea, they are awarded back pay if they do not take their allotted days. The Philippines order “mandatory menstruation leave” to female private and government employees, and provide half pay for those who are menopausal and pregnant. And last year in Russia, a lawmaker attempted to pass two days off monthly for women during their menstruation cycle, claiming women’s memories and efficiency at work are deterred.

Why Your First Job Should Be an Internship

Karen Wright

How you deal with that challenging situation is the key factor that employers try to control when accepting new interns. In an interview for an internship, your well-written resume and sterling GPA might not count as much as your personal skills. Employers know that internship jobs are not the glamorous job you were probably expecting to land. They also know that it takes character to not respond negatively when someone asks you to make 200 hundred copies of a booklet then realizes they gave you the wrong document only after you have completed the task.

Congress Stands By as Number of Jobless Americans Grows

Charles D. Ellison

More than 2.2 million Americans are barely getting by after most of their extended unemployment benefits were abruptly cut over the Christmas break. In fact, Congress and the president skipped town for restful, holiday vacations soon after. Hopes of a post-New Year’s Day resolution were dashed by stalls and foot-dragging in the Senate, which is finally taking a vote this week. But, a nastier, unsympathetic House Speaker John Boehner (R-Ohio) is signaling that he’s not interested in bringing it to the floor for a vote. 

The Illegal Background Check Boom

Kai Wright

Rivera is part of an uncounted population of formerly convicted or incarcerated people trying to find work in a hostile economy. They are failing, by and large, thanks to the illegal but still widespread practice of employers rejecting applicants or firing workers solely because they have criminal records. A growing movement is pushing states to “ban the box,” or more closely regulate when and how employers can ask about criminal records on job applications. 

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