Sustain Black Businesses

Black businesses have been hit hard by the COVID-19 pandemic, with a 26% decline in the number of active Black business owners between February and May 2020.1 The federal government’s Paycheck Protection Program—which issues forgivable loans to keep businesses open and employees on payrolls—failed to adequately support Black businesses, in part through its design. Policymakers…

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Pandemic Relief Priorities for Black Communities

By LaShonda Brenson Ph.D., Jessica Fulton, and Spencer Overton While the COVID-19 pandemic continues to disproportionately harm Black communities in the United States, Congress and the Trump Administration have failed to come to an agreement on a fourth legislative package that will bring relief to millions in our nation.1 Granted, the relief package should direct…

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Provide Financial Support for Black Workers

Black workers are over-represented in public transit, childcare and social services, health care, trucking, warehouse, and postal service, and many other frontline occupations deemed “essential.”1 Despite this work, Black communities have experienced high rates of both job and income loss. In June 2020, 15.4% of Black workers were looking for but unable to find work.2…

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Investing in Black Economists and Centering Black Communities in Economic Policy

The pandemic and the killing of George Floyd and many others have highlighted racial inequity. Even if we develop a vaccine soon and enact effective policing reform, however, systemic challenges will persist. Addressing systemic anti-Blackness in economics is of the entire effort to dismantle systemic racism. First, we need to invest more in supporting and…

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Questions on Market Power & Discrimination for Tech CEOs Testifying Before Congress

On July 29, the CEOs of four major tech companies—Amazon’s Jeff Bezos, Apple’s Tim Cook, Google/Alphabet’s Sundar Pichai, and Facebook’s Mark Zuckerberg—will testify before the U.S. House Judiciary Antitrust Subcommittee to discuss the market power of online platforms. Of the subcommittee’s 13 Members, four belong to the Congressional Black Caucus (including subcommittee Vice Chair Joe…

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June 23 COVID-19 Policy & Black Communities Roundup

Republicans’ Police Reform Bill Hangs on a “Poison Pill” Led by Senator Tim Scott (R-SC), Senate Republicans unveiled their police reform proposal last week. The bill focuses on data collection, training, and officer misconduct and transparency. It follows a bill by House Democrats in response to weeks of protests and calls for reforms in the…

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Joint Center Vice President Discusses COVID-19’s Impact on Black Communities on the ‘Sustaining Capitalism’ Podcast

Joint Center Vice President Jessica Fulton joined The Committee for Economic Development and The Conference Board’s podcast, Sustaining Capitalism, to discuss COVID-19’s impact on Black communities. On the podcast, Jessica talked about the concern for an increase in Black unemployment and the pre-existing conditions that caused COVID-19 to disproportionately impact Black communities in a negative…

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Joint Center Vice President Quoted in The Center for Public Integrity’s Analysis on George Floyd, COVID-19, and ‘Inequality Stealing Black Lives’

Joint Center Vice President Jessica Fulton was quoted in The Center for Public Integrity’s analysis on the murder of George Floyd, the coronavirus, and “inequality stealing Black lives.” “What’s happened with Floyd, and in the history of the U.S., is about whether Black folks can execute power over what their lives are going to look…

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Joint Center Vice President Speaks to TIME Magazine About The Significant Barriers Black Businesses Are Facing During The COVID-19 Pandemic

Joint Center Vice President Jessica Fulton spoke to TIME Magazine about how Black businesses are facing significant barriers amid the COVID-19 pandemic.e Several Black businesses weren’t able to take advantage of the Paycheck Protection Program—an issue the Joint Center focused on in our online briefing on Black businesses, access to capital, and future stimulus proposals.…

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Joint Center President Discusses ‘Health, Wealth & Longevity’ for African Americans Amid the COVID-19 Pandemic at AARP Social Innovation Summit Virtual Conference

On June 3, Joint Center President Spencer Overton joined the panel, Health, Wealth & Longevity: Is There Room For All?, at AARP’s Social Innovation Summit Virtual Conference. The discussion centered on the “unique challenges in achieving healthy longevity” especially when considering equitability and the recent challenges that emerged during the COVID-19 pandemic. Overall, the conversation aimed…

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