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Black unemployment: Highest in 27 years

Posted By yihan On September 3, 2011 @ 1:51 am In Money Watch,Tile | Comments Disabled

Annalyn Censky
CNNMoney [1]
Saturday, September 3, 2011

NEW YORK (CNNMoney) — The August jobs report was dismal for plenty of reasons, but perhaps most striking was the picture it painted of racial inequality in the job market.

Black unemployment surged to 16.7% in August, its highest level since 1984, while the unemployment rate for whites fell slightly to 8%, the Labor Department reported.

“This month’s numbers continue to bear out that longstanding pattern that minorities have a much more challenging time getting jobs,” said Bill Rodgers, chief economist with the Heldrich Center for Workforce Development at Rutgers University.

Black unemployment has been roughly double that of whites since the government started tracking the figures in 1972.

Full story here. [1]


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URL to article: http://www.prisonplanet.com/black-unemployment-highest-in-27-years.html

URLs in this post:

[1] CNNMoney: http://money.cnn.com/2011/09/02/news/economy/black_unemployment_rate/

[2] Unemployment at highest level in 25 years: http://www.prisonplanet.com/unemployment-at-highest-level-in-25-years.html

[3] Unemployment soars to 1.82million – the highest level since Labour came to power: http://www.prisonplanet.com/unemployment-soars-to-182million-the-highest-level-since-labour-came-to-power.html

[4] Jobless claims highest in 26 years: http://www.prisonplanet.com/jobless-claims-highest-in-26-years.html

[5] Unemployment for Those Who Earn $150,000 or More is Only 3%, While Unemployment for the Poor is 31%: http://www.prisonplanet.com/unemployment-for-those-who-earn-150000-or-more-is-only-3-while-unemployment-for-the-poor-is-31.html

[6] US Unemployment Rises To 9 Per Cent: http://www.prisonplanet.com/us-unemployment-rises-to-9-per-cent.html

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