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Diamond playing in two college baseball world series as captain in his senior year he met the legendary babe ruth. remarkably he still had time to volunteer. even while a student at yale he was active in all kinds of campus service activities including raising funds for the united negro college fund. he graduated with honors earning a ba degree in economics. he and barbara now proud parents of their first child george w. set out to texas. he was going to try his hand in the oil ex poploration business. went the day after he graduated from college broke down the little red studebaker. he was offered a job there. he needed a job. he had a wife and a baby. by 1949 he had a second child. the bushes began making a life for themselves. he started his own oil company. they immersed themselves in their community always finding ....
Now, allison. the urban league this week found that this recession has literally erased 30 years of economic gains among african-americans. we found the problem was particularly acute in the city of charlotte, north carolina, where now 20% of african-americans are out of work. our last day was july 29, 2009, i ve been out of work two years. reporter: derek fox is the face of an unemployment rate that has reached deep into charlotte s black middle class. since he was laid off, he has contacted more than a thousand companies looking for work. so far not even a nibble. i got out of school, didn t get the jobs i was looking for. then i went back, got an mba degree, you know, and i m almost like, wow, was this really worth it? reporter: charlotte was the promised land for well educated blacks or those who wanted to climb the ladder by improving their education, but the financial crisis, recession and government budget cuts hit african-american workers ....
reporter: derek fox is the face of an unemployment rate that has reached deep into charlotte s black middle class. since he was laid off, he has contacted more than a thousand companies looking for work. so far not even a nibble. i got out of school and didn t get the jobs i was looking for. then i went back, got an mba degree, you know, and i m almost like, wow, was this really worth it? reporter: charlotte was the promised land for well educated blacks or those who wants to climb the ladder by improving their education, but the financial crisis, recession and government budget cuts hit african-american workers particularly hard. vanessa parker got her bachelor s in business while working as an administrative assistant at ibm, but instead of moving up, ibm moved out. now she works a survival job for minimum wage. we want the american dream, to be able to take care of our homes and children. reporter: african-americans have historically had about double the national unemploym ....
That has reached deep into charlotte s black middle class. since he was laid off, he has contacted more than a thousand companies looking for work. so far not even a nibble. i got out of school and didn t get the jobs i was looking for. then i went back, got an mba degree, you know, and i m almost like, wow, was this really worth it? reporter: charlotte was the promised land for well educated blacks or those who wants to climb the ladder by improving their education, but the financial crisis, recession and government budget cuts hit african-american workers particularly hard. vanessa parker got her bachelor s in business while working as an administrative assistant at ibm, but instead of moving up, ibm moved out. now she works a survival job for minimum wage. we want the american dream, to be able to take care of our homes and children. reporter: african-americans have historically had about double the national unemployment rate, but the numbers in the charlotte are particularl ....
Now, allison. the urban league this week found that this recession has literally erased 30 years of economic gains among african-americans. we found the problem was particularly acute in the city of charlotte, north carolina, where now 20% of african-americans are out of work. our last day was july 29, 2009, i ve been out of work two years. reporter: derek fox is the face of an unemployment rate that has reached deep into charlotte s black middle class. since he was laid off, he has contacted more than a thousand companies looking for work. so far not even a nibble. i got out of school, didn t get the jobs i was looking for. then i went back, got an mba degree, you know, and i m almost like, wow, was this really worth it? reporter: charlotte was the promised land for well educated blacks or those who wanted to climb the ladder by improving their education, but the financial crisis, recession and government budget cuts hit african-american workers particularly hard. vanessa park ....