Sisters, we need to have an honest conversation about what's happening in our economy right now. The numbers don't lie, and they're telling a story we can no longer ignore. The unemployment rate for black women has surged to 6%, double that of white workers, with the most significant spikes occurring in recent months. While other groups are maintaining or improving their employment rates, we're regressing. In May, black women's unemployment climbed to 5.8%, up from 5.3% a year ago, even surpassing the jobless rate for Black men. But here's the deeper issue that nobody is talking about: where our money goes after we earn it. The Money Trail: Following Our Dollars Out the Door Understanding Our Economic Footprint: A Candid Look at Our Spending Patterns. We must be honest about where our money goes. When we invest in our appearance, whose benefits are we truly reaping? Research from the University of Georgia's Selig Center reveals a painful truth:...
SOFEI Insights explores ideas, trends, and strategies shaping women’s economic independence, from workforce development and financial wellness to career advancement, professional growth, and entrepreneurship. Through practical insights and thought-provoking perspectives, we help women build the knowledge, skills, and professional agency to create meaningful value and greater economic stability. Learn. Earn. Emerge.