https://www.blackenterprise.com/third-of-managers-unprepared-overwhelmed-report-deloitte/

"A new report highlights the burnout managers are experiencing due to layoffs, heavier workloads, and a lack of employer support.

The latest edition of Deloitte’s annual Human Capital Trends Report revealed that while managers play a vital role in the workforce, many are struggling with their workloads. The report, which surveyed nearly 10,000 leaders and included manager-specific input, found that over one-third of managers felt unprepared for the people management and leadership aspects of their roles.

Additionally, many reported that their companies had not provided them with the necessary tools to succeed. 40% of surveyed managers said their mental health had declined after taking on leadership roles.

The report found that managers dedicate nearly 40% of their time to administrative tasks or handling daily issues. In contrast, only 15% of their time is spent on long-term strategic planning, while just 13% is focused on developing their direct reports.

Amid the dismal findings, meQuilibrium CEO Jan Bruce is warning of an impending “manager crash” coming in 2025, and many companies may be unprepared for the consequences. Compounding the findings is the fact that younger employees are not showing eagerness to step up as managers, burn out, or leave; surveys show that Gen Z workers have little interest in pursuing managerial positions.

While employers recognize the problem, few are taking action to resolve it. The report found that nearly three-quarters of employers acknowledge the need to redefine the role of managers, yet only 7% say they are making meaningful progress toward addressing the issue.

The Deloitte report highlights that one of the key responsibilities of a manager is to coach and develop their team. According to the report, 67% of employees feel their manager knows best how to motivate them at work."

A new report highlights the burnout managers are experiencing due to layoffs, heavier workloads, and a lack of employer support.

Black Enterprise

A Third Of Managers Feel Unprepared And Overwhelmed, Experts Warn Of Possible 'Manager Crash'

https://www.blackenterprise.com/dollar-tree-sell-family-dollar-trump-tariffs/

"Dollar Tree is making some big changes, which include offshoring its Family Dollar chain to private equity firms and increasing prices to combat President Donald Trump’s imposed tariffs.

AP reports that Dollar Tree announced the sale of its struggling Family Dollar brand to Brigade Capital Management and Macellum Capital Management for $1 billion. The announcement, made during a March 26 analyst call, comes a year after the company revealed plans to close hundreds of the discount stores.

Family Dollar is known for its variety of household essentials, from groceries to laundry detergent, with many locations serving underserved urban communities. The store closures and potential closures under new ownership could significantly impact residents who rely on these stores for everyday necessities.

While Dollar Tree says the sale will allow it to focus on its core business, there’s a greater concern about how it will affect the communities the chain stores serve.

“The lower income consumer will be losing a critical place to be able to purchase value products,” said Marshal Cohen, chief industry advisor at marketing research firm Circana. “They’re losing the breadth of the assortment and the depth of the discount and the convenience.”

In addition to offloading Family Dollar, Dollar Tree reported an increase in higher-income customers amid inflation. As a result, the discount retailer anticipates raising prices in response to Trump’s tariffs.

Trump’s tariffs on certain goods from China, Mexico, and Canada and the possibility of higher duties on global trading partners have heightened concerns among retailers about strained household budgets. While Dollar Tree plans to counter the impact through supplier negotiations and shifting manufacturing, it may also raise prices on some items."

Dollar Tree is offshoring its Family Dollar chain to private equity firms and increasing prices to combat President Donald Trump's imposed tariffs.

Our Dollar Days Are Long Gone As Dollar Tree Sells Family Dollar To Offset Trump Tariffs

https://www.blackenterprise.com/roar-brewing-detroit-first-black-brewery/

"Evan Fay’s Roar Brewing Co., believed to be Detroit’s first Black-owned brewery, is opening on March 23 via a soft launch, with the company’s grand opening set for summer 2025. Fay’s brewery will launch with its flagship flavor, Honey Oat Stout, and the company’s name is a tribute to Detroit’s automotive history.

According to the Detroit Free Press, Fay said as much in a press release, noting that it is his desire for the brewery to take on the spirit of Detroit’s citizens themselves.

“Detroit is home to the Lions, the Tigers, the Pistons, and the Red Wings — teams that roar with pride. But the roar isn’t just in sports. It’s in the city’s engines, its music, its industry, and its people. We wanted our brewery to be a tribute to that spirit,” Fay said."

Roar Brewing Co., Detroit's first Black-owned brewery will open on March 23, the owner, Evan Fay, hopes it will be a hub for the community.

Roar Brewing Co., Detroit's First Black-Owned Brewery Opens

https://www.blackenterprise.com/d-c-sisters-celebrate-20-years-of-ritas-italian-ice-franchise-ownership/

"The Rita’s Italian Ice franchise is an iconic brand with an almost 40-year history of unique frozen treats. Sisters Angela Brock and Charnita Brock Walker have been with the franchise for half of those 40 years, successfully owning and operating three locations in and around Washington, DC. Their first location is on the cusp of celebrating a 20-year milestone. BLACK ENTERPRISE is pleased to highlight this tremendous achievement, sharing with readers how the Brock sisters got their entrepreneurial start twenty years ago and continued to build through challenging economic conditions. 

Angela received a Business Management and Marketing degree from Bowie State University, completed the Government Contracts program at George Washington University, and has a Professional Residential Sales degree from the Graduate Real Estate Institute. She is also a proud member of Alpha Kappa Alpha Sorority, Inc. Charnita holds a degree from Penn State University in Business Logistics, Harvard University in Strategic Management, and Cornell University in Advanced Employee Relations, and is a proud member of Delta Sigma Theta Sorority, Inc.

What led the Brock sisters to franchising was their desire to bring a business that was new and different to their native Washington, DC, area. “The Rita’s brand was ideal because, with the seasonal factors, it was a great opportunity to continue in our career jobs and take advantage of the 8-month seasonal opening. It seemed doable and exciting. We love the product, and we knew our friends and family would be supportive,” shared Angela."

20 years ago, sisters Angela Brock and Charnita Brock Walker were first to the Washington DC market with the Rita's Italian Ice franchise

D.C. Sisters Celebrate 20 Years Of Rita's Italian Ice Franchise Ownership

https://www.blackenterprise.com/golden-krust-island-select-walmart/

"Golden Krust is bringing its signature Caribbean flavors to more customers nationwide with the exclusive launch of Golden Krust Island Select at Walmart.

More than 35 years after opening its first brick-and-mortar location in The Bronx, New York, Golden Krust has launched its Island Select line exclusively at 1,600 Walmart® locations nationwide. The Island Select line debuts with two new retail Jamaican patty varieties: Strawberry & Cream Cheese and Vegetable –alongside a bold new packaging redesign to reinforce the brand’s commitment to quality and innovation.

“We’ve been with Walmart now for over 10 years, and they were looking for a specific line that spoke to our core demographic and also a new demographic for our Jamaican-style patties.” Steven Clarke, Golden Krust’s Vice President of Marketing, tells BLACK ENTERPRISE.

After analyzing Walmart’s data, Golden Krust set out to develop something fresh and inventive.

“Everything kind of signaled the fact that we needed to expand the product line to something fruit-filled, which is probably the biggest innovation in the Island Select line is our new strawberry and cream cheese patty,” Clarke said. “I think it’s the first fruit-filled patty on the market.”

The new Island Select line of patties culminates Golden Krust’s ongoing partnership with Walmart, which has continued to grow since the Carribean bakery was first commissioned by the mega-retailer.

“Walmart saw the success with the spicy beef, mild beef, and jerk chicken,” Clarke shared. “We appreciate the partnership that we’ve been able to secure and nurture with the buying team at Walmart.”

Clarke grew up immersed in the Golden Krust brand. His uncle, the late Lowell Hawthorne, founded the company in 1989, starting with a single shop in The Bronx. Golden Krust has always been a family-run business, with Clarke’s parents owning three locations where he worked and assisted with operations throughout his youth."

Golden Krust is bringing its signature Caribbean flavors to more customers across the country with its Island Select at Walmart.

Golden Krust Marks 35 Years With Island Select Launch At Walmart

https://www.blackenterprise.com/employee-morale-hits-new-low-unemployment-challenging-job-market/

"New research reveals that employee confidence, based on workers’ trust in their employer’s business outlook, dropped to an all-time low in February.

Data from workplace review platform Glassdoor show that workers across various industries are increasingly worried about their future and losing confidence in the current job market, Axios reports. Factors contributing to the decline in employee morale include fear of layoffs, an unstable job market, and uncertainty about a company’s future, particularly in the federal sector.

As the Trump administration implements significant federal spending cuts, many workers are concerned about potential impacts. Confidence among these workers dropped nearly five percentage points last month, as the Department of Government Efficiency has “thrown the future of the federal workforce into disarray,” Glassdoor stated.

Federal workers experienced the largest drop in employee confidence, followed by the aerospace and defense sectors, which saw a 3.5% decline. This decrease reflects, in part, concerns about the spillover effects of federal budget cuts."

New research reveals that employee confidence, based on workers' trust in their employer's business, has dropped to an all-time low.

Employee Morale Plummets As Unemployment Rises And Job Market Weakens

https://www.blackenterprise.com/10-black-women-who-broke-barriers-in-business/

"Women have fought for rights, freedoms, and equity in business, the workplace, and life. Black women have had their share of challenges. However, they have always pressed forward to become victorious and have opened the door for other women who follow. In celebration of Women’s History Month, BLACK ENTERPRISE is paying tribute to 10 courageous Black women who have shattered the glass ceiling, created successful businesses, and made history in the business space. Their achievements are a sound testament to what determination and ingenuity can do and how far people can go when they prevail."

10 courageous Black women who have fractured the glass ceiling, created successful businesses, and made history in the business space.

10 Black Women Who Broke Barriers In Business

https://www.youtube.com/watch?v=7joulECTx_U BLACK MOVIE NIGHT RECOMMENDATION ~

The night belongs to sinners. #SinnersMovie only in theaters April 18. From Ryan Coogler-director of "Black Panther" and "Creed"-and starring Michael B. Jordan comes a new vision of fear: "Sinners." Trying to leave their troubled lives behind, twin brothers (Jordan) return to their hometown to start again, only to discover that an even greater evil is waiting to welcome them back.

YouTube

Sinners | Official Trailer 2

https://www.youtube.com/watch?v=xLM9aYz_T-I

"In the 1970s, New York City experienced a severe economic downturn, marked by significant job losses, particularly in manufacturing, and a decline in the city's overall job market. This crisis led to a flight of middle-class families to the suburbs, further impacting the city's economy and population. 

Key Aspects of Job Losses in NYC during the 1970s:

Manufacturing Decline:
The city's manufacturing industry faced significant challenges, with many companies moving to cheaper locations, resulting in a loss of approximately 500,000 manufacturing jobs between 1969 and 1975. 

Economic Stagnation and Financial Crisis:
The city struggled with economic stagnation, industrial decline, and a looming threat of bankruptcy. This led to layoffs of city workers and cuts in essential services. 

Impact on City's Budget:
The city's budget ballooned to cover social services and union contracts, further straining the city's finances. 

Job Losses in Various Sectors:
Not only did manufacturing see job losses, but also the retail trade sector, as the city's population and median income declined, impacting the demand for retail jobs, according to a New York Times article. 

Fiscal Crisis and Bankruptcy Threat:
The city's budget deficit reached $1 billion, and bankers threatened to cut off credit, pushing the city towards the brink of bankruptcy, says a report from DC37."

In the 1970s, New York City experienced a severe economic downturn, marked by significant job losses, particularly in manufacturing, and a decline in the city's overall job market. This crisis led to a flight of middle-class families to the suburbs, further impacting the city's economy and population.

1975 SPECIAL REPORT: "NYC JOB MARKET"

https://amsterdamnews.com/news/2025/04/10/mta-could-hire-300-more-workers-for-capital-improvement-project/

"The agency wants to be able to hire workers who can replace and/or maintain segments of the MTA system that have been in use for decades and are now degrading. They want to use $6 billion from the planned budget to get ahead of what they call the “decay curve.”

David Solimon, who leads MTA Facility Groups and Readiness, told those in the meeting about necessary repairs to interior staircases and platform barriers, upgrading signal systems, and overhauling other structural defects. The MTA’s plan also calls for purchasing new trains and electric buses, and installing more elevators.

“We’ve identified additional programmed work to add over 300 jobs in the New York City Department of Subways alone,” Solimon told the meeting. “These additional 300 positions are yet another piston in the economic engine that is the ’25–’29 Capital Plan. These projects are estimated to generate tens of millions of dollars in savings versus the traditional third-party route.”

New Yorkers looking for employment with the MTA can check the MTA’s career website for open positions and upcoming exams. The website will have job postings and exam schedules for positions such as bus drivers, train operators, conductors, and track workers.

Transport Workers Union (TWU) Local 100, which represents New York City’s bus and subway workers, heralded the MTA’s announcement. The union wrote on its website: “This is a direct result of Local 100 and the International working hand-in-hand in Albany to get key members of the state Assembly and Senate to support our efforts to have more capital work assigned to the in-house TWU workforce.”

“You’re talking multiple trades because we do all of it,” TWU Local 100 President John Chiarello told the AmNews. “I don’t know if you’re aware of it, but we do masonry, everything –– everything related to station repair. We do track work, there’s electric buses in there; you name it, so, we’re in support of [this plan], obviously. It seems like they know that we could do it cheaper in-house, too.”"

If the MTA gets full funding for its proposed $68.4 billion 2025-29 Capital Plan, it will hire up to 300 new workers.

Wise_Phenomenal

@Wise_Phenomenal