Voltaire — To learn who rules over you, simply find out who you are not allowed to criticize
Friday, September 5, 2014
Obama's presidency is not too good for black workers
While unemployment nationwide is 6.1%, the unemployment rate for black Americans at 11.4% is more than double the rate for white Americans, who have an unemployment rate of 5.3%, according to the Bureau of Labor Statistics (BLS). The unemployment rate for Latino Americans, at 7.5%, is also lower than the unemployment rate for blacks. For black Americans, age 16 and older, seasonally adjusted, the unemployment rate between July and August 2014 stayed the same at 11.4%, and that is up from the 10.7% rate in June. The last time the black unemployment rate was 11.4% was more than 5 years ago, in October 2008. It was at a low 7.6% in August 2007.
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