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Jobs Report: May 2026 Shows 172K Jobs Added As Leisure, Government, And Healthcare Lead Growth

The May 2026 jobs report showed U.S. employers added 172,000 jobs, while the unemployment rate held steady and wage growth remained stable.

Jun 8, 2026

Op-Ed: How Trump's Cutting Of Federal Jobs Hurts Black Workers

For decades, thousands of Black families have found stability through federal employment. The Trump administration is upending progress.

Feb 24, 2025

What The Wells Fargo Layoffs Mean For Jobs, Stocks, And Corporate Strategy

Explore the aftermath of Wells Fargo's recent layoffs, including CEO insights and the financial market response.

Jan 19, 2024

Study Finds Black American Workers On Average Earn $12K Less Than The Median Wage In The U.S.

McKinsey & Company reveals eye opening findings in its "The Economic state of Black America: What is and what could be" report. 

Jun 17, 2021

It Could Take 95 Years for Black Workers in the Private Sector to Reach 12% Representation in Leadership Roles, Study Finds

On the current trajectory, it would take roughly 95 years for Black professionals working in the national private sector to reach 12 percent representation in management roles, a new report finds. McKinsey & Company published this finding amongst others in its inaugural Race in the Workplace: The Black Experience report. The new report studies Black professionals working in the U.S. private sector, diversity, equity and inclusion programs and what economic success looks like. Walmart, the W.K. Kellogg Foundation, PolicyLink and the McKinsey Institute for Black Economic Mobility collaborated to conduct research on 24 national companies, which represent 3.7 million employees. Monne Williams, Atlanta partner at McKinsey & Company and co-author of the new report, told AfroTech that McKinsey invited a number of companies and they had to opt-in to participate. This initial report focuses on large employees with good industry representation, she said. “We looked at current representation...

Mar 5, 2021

SoftBank Backs Ambitious Effort to Upskill 10K Underserved Job-Seekers For Data Science Careers

SoftBank joins data science market leader Correlation One's new initiative to upskill and train 10,000 underserved workers pursuing data science careers.

Feb 25, 2021

New Gallup Study Shows One in Four Black Workers Have Faced Discrimination At Work

This new Gallup Poll is proof that discrimination in the workplace is alive and well. Last summer the national conversation on racism and injustices in America hit the forefront in the wake of the deaths of George Floyd, Breonna Taylor, Ahmad Arbery, and countless others who lost their lives all because of the color of their skin. Today, a study released by the Gallup Center on Black Voices finds that “about one in four Black (24%) and Hispanic employees (24%) in the U.S. report having been discriminated against at work in the past year.” The findings come from a large-scale Gallup web survey conducted from Nov. 6, 2020, to Dec. 1, 2020, with more than 8,000 respondents surveyed including over 3,500 white workers, more than 2,000 Hispanic workers, and over 2,000 Black workers. Studies show the experiences of Black men (27%) and Black women (23%) are close. Income also plays a part within Black employees in households earning less than $90,000 (24%) annually and even those earning...

Jan 12, 2021

This Model Went From Runways to Running WAYE

Evolving with technology can present several issues for people in the workforce. For example, when it comes to upskilling and training, workers may not have the time or money. Sinead Bovell, the founder of WAYE , believes that the rapid growth of technology will force many people to turn to entrepreneurship. WAYE, which stands for “Weekly Advice for Young Entrepreneurs,” is an organization that teaches people about the intersection of tech and business through panel discussions and workshops. “As technology continues to automate, a lot of us are going to have to pivot into an entrepreneurial lane,” Bovell said. According to a recent study by McKinsey , the push toward automation could have some negative impacts on Black workers. More African American workers are in slow-growing, low-paying support roles compared to the rest of the general American population. Support roles will most likely be replaced by automation, making African Americans most vulnerable to the technology’s...

Nov 14, 2019