sharpton-calls-out-high-unemployment-rate-for-black-new-yorkers-in-wake-of-pandemic

Sharpton Calls Out High Unemployment Rate For Black New Yorkers In Wake Of Pandemic

ByEyewitness News

Thursday, March 7, 2024 4:06PM

Sharpton is calling for more contracts for Black-owned businesses.

EAST ELMHURST, Queens (WABC) — Reverend Al Sharpton is calling out the high unemployment rate for Black New Yorkers.

Sharpton plans to demand more contracts for minority-owned businesses at a news conference Thursday in East Elmhurst, Queens, one of the hardest hit areas by the pandemic.

The city’s Black unemployment rate is currently 9.4%, that’s more than five points higher than white unemployment.

A report last year from the New School Center for NYC Affairs sounded the alarm on the growing disparity. The report said for the first time this century the gap between Black and white unemployment rates in New York City is widening.

Mayor Eric Adams has recently been promoting a record $6 billion in contracts granted to minority and women-owned businesses.

On Thursday, the mayor announced a new $25 million space to help launch and grow BIPOC, woman-owned health and beauty businesses at Brooklyn Navy Yard.

The project is expected to create over 900 jobs in the first five years, as well as strengthen New York City’s position as a leader in the $450 billion health and beauty industry.

“While the beauty and wellness industry continues to boom by serving Black and Brown people, that wealth has not come back to those same communities,” Adams said. “With this announcement, New York City is taking a stand, putting money back in the pockets of Black and Brown entrepreneurs, especially women of color.”

ALSO READ | Man accused of squatting in Queens home faces judge, promises ‘revelation’ in case

7 On Your Side Investigative reporter Dan Krauth has the story.

———-

* Get Eyewitness News Delivered

* More New York City news

* Send us a news tip

* Download the abc7NY app for breaking news alerts

* Follow us on YouTube

Submit a tip or story idea to Eyewitness News

Have a breaking news tip or an idea for a story we should cover? Send it to Eyewitness News using the form below. If attaching a video or photo, terms of use apply.

Copyright © 2024 WABC-TV. All Rights Reserved.

About the author: Admin Verified Member Verified Professional Verified Black Owned
We created this site to help Black-Owned Businesses in the USA.

Get involved!

Get Connected!
Join our Community and Expand your audience and get to know New Black-Owned-Business!

Comments

No comments yet