Dear Reader we need your financial support and effective intervention,
Effective interventions can break the cycle of poverty for the world's neediest people. It is said that the black dollar stays in the black community for only six hours. According to Noel King, reporter for Marketplace’s Wealth and Poverty desk, “Blacks tend to spend more on electronics, utilities, groceries, and footwear.” We can not complain about our communities if we are not consciously making an effort to put money back into our communities.
Today, we must recognize and learn the importance of financial literacy, investing our earnings and savings into black businesses and communities. Doing so will promote economic growth, and encourage our next generation’s to do the same.
In May 2014, the US unemployment remained steady at 7.8%, while the unemployment rate for blacks was more than twice that of whites at 13.79%. Even more alarming, in 2013, 12.4% of black college graduates between the ages of 22 and 27 were unemployed. Both statistics alone prove the dire need for entrepreneurship and job creation within black communities, and the fact that the days of having a college degree being a gateway for a better future may no longer be the case.
The problem isn’t that black people don’t get hired. The problem is that there aren’t enough black-owned businesses to hire unemployed black people. Black people can start doing basic investing, starting with supply and demand stores and distribution sales, such as food, clothing media different forms of entertainment. We can be the CHANGE WE SEEK. Time is overdue for change, and we must pool our resources and build our own reality. We believe in ourselves and our ideas here at emend magazine, and we are looking for few friends to support our efforts.
We hope our publication will become a valuable resource for your health, fitness, entertainment, and inspirational needs. Thank you for your time in advance. And please donate to help us help others.
Thank You
Chris Muhammad
M A G A Z I N E