Dr. Bernard E. Anderson
Whitney M Young, Jr. Professor Emeritus, The Wharton School, University of Pennsylvania
Senior Economic Advisor, National Urban League

Private employment growth in March was weaker than expected; with 236,000 jobs added and most industries showed little or no change in employment. 

Wage growth reflected a gradual easing of tight labor markets, though the job opening/available worker gap remained large. . Fewer employers are raising wages to retain labor and attract new employees.  Some firms in the technology industry have laid off or are planning to pay off about 10 thousand workers. At the same time, the leisure/hospitality industry and health care are vigorously seeking employees. Overall there are about one million more jobs open than workers seeking employment.
The Black unemployment rate sank to the lowest point on record in March, 5%, shrinking the Black/white ratio to 1.56:1

Marc H. Morial 
President and CEO
National Urban League
 

“It is your spark, your creativity, and your determination that will drive the future.  And with that then, African ideas and innovations will shape the future of the world.  And so we must invest in the African ingenuity and creativity, which will unlock incredible economic growth and opportunities, not only for the people of the 54 countries that make up this diverse continent, but for the American people and people around the world.” – Vice President Kamala Harris, address to Ghanian youth

Africa is home to more than 1.4 billion people, whose median age is 19.

By 2050, one in four people on Earth will be on the continent.  Peace and stability in Africa are vital to peace and stability in the rest of the world.

National Urban League, National Action Network, NAACP, National Coalition on Black Civic Participation, Lawyers’ Committee for Civil Rights Under Law, NAACP Legal Defense and Educational Fund, Inc. (LDF), The Leadership Conference on Civil and Human Rights, and National Council of Negro Women: “Together We Stand Against Fearmongers” 

WASHINGTON, D.C.