Income and Wages – Broke in Philly

Philadelphia hosts World Cup 2026 – 5 opportunities for Black businesses

June 20, 2022

Philadelphia has been selected as one of the host cities for the 2026 FIFA World Cup, which presents a great opportunity for black-owned businesses. With an estimated 5 million visitors expected to descend on Philadelphia during the tournament, there will be a huge demand for goods and services. Black-owned businesses that are able to tap into this demand could reap significant rewards. | From: Fun Times (Read more.)

Pa. gets federal grant to tackle disparities in unemployment system

June 19, 2022

$3 million federal grant to tackle disparities in Pa. unemployment compensation. | From: WHYY (Read more.)

‘It’s a start’: City Council cuts Philly’s wage and business tax rates in a win for diverse chambers of commerce

June 17, 2022

Philadelphia ranks among the nation’s highest for wage taxes, and double-taxes its enterprises through the business income and receipts tax — the only major U.S city to do so. Employers and employees who choose to locate just outside of Philadelphia city limits often cite the two taxes as major reasons. | From: The Inquirer (Read more.)

Philly defender association calls for pay parity with DA’s office

June 16, 2022

The DAP started a social media campaign, #FundPhillyDefenders, highlighting the pay disparities. She notes that the gap grows when it comes to attorneys with longer tenures. | From: WHYY (Read more.)

Philly’s Black nonprofit leaders don’t feel trusted, report finds

June 14, 2022

Even amid a nationwide push for racial equity, a disconnect remains between Black nonprofit leaders in Philadelphia and the mostly white people who help decide the fate of grants and other funding, according to a new report. | From: Metro Philadelphia (Read more.)

Black-led nonprofits challenge funders in new report: ‘Get to know us’

June 14, 2022

“Too often,” the study says, “sensitivity to the issues of Black folks has a shelf life.” | From: Billy Penn (Read more.)

The cost of gun violence: How are small businesses owners mentally and financially hurt by shootings?

June 7, 2022

Following a mass shooting on South Street this weekend, Philly business owners will face the costly realities of yet another epidemic: “It has felt like small businesses have had to take on all of society’s problems all at once.” | From: Technical.ly (Read more.)

How to eliminate racial disparities made worse by Covid-19

June 6, 2022

Akron and Cincinnati, Ohio and Philadelphia are using the purchase of land, housing and commercial properties as a means of countering the rise in parasitic capital as well as setting the stage for scaled homeownership and corridor initiatives. These efforts follow the maxim of Della Clark, president of The Enterprise Center in Philadelphia: “If you don’t have site control, you just have an opinion.” Significantly, new ideas around community equity corporations, districts and shares are emerging that, if structured and implemented well, could enable residents to benefit from economic revitalization of their communities. | From: The Philadelphia Citizen (Read more.)

Ex-Merck CEO Ken Frazier and his coalition of business leaders plan to hire or promote 1M Black workers

June 1, 2022

“The American workplace is the only place where we can associate with people who aren’t like us,” said Frazier. “It’s important for business to drive this.” | From: The Inquirer (Read more.)

Free legal clinics offer a ‘clean slate’ for Philly, South Jersey residents with criminal records

May 31, 2022

As part of a citywide anti-poverty initiative, the United Way of Greater Philadelphia and Southern New Jersey is offering residents the opportunity to clear their criminal records for free. | From: WHYY (Read more.)