Brenda Palms
A new report examines 20 years of data to examine systemic economic barriers in North Lawndale and the role community-based reentry and work development programs can play in helping lower recidivism rates.
Next week’s Democratic National Convention is expected to draw tens of thousands of visitors to Chicago. Looking to get a slice of the economic action, as well as network with folks from across the country, are many Black business owners.
According to the study, Black households have a median net wealth of zero dollars compared to $210,000 for White families, and Black families have the lowest estimated rate of home ownership at 34% compared to 72% for White households.
The Black unemployment rate hit a record low of 5% last month, according to data from the U.S. Bureau of Labor Statistics. The news comes three years after the rate spiked to nearly 17% during the early months of the pandemic.