Tuesday, December 7, 2010

Dr. Boyce Watkins: Black Unemployment Keeps Going Up

This is why we must start our own businesses. We must put our own people to work! http://blackbusinessownership

via African American News by Staff on 12/3/10

by Dr. Boyce Watkins, Syracuse UniversityScholarship in Action 

Today's release of November unemployment data is not good news for President Obama. Unemployment rose nationally to 9.8 percent, after holding steady at 9.6 percent for the previous three months. The jobless rate jumped for nearly every racial/gender demographic. White women still have the lowest unemployment rate of both genders, when comparing African Americans and whites. Black males have the highest.

Black unemployment rose again from 15.7 percent to 16 percent. This number is slightly lower than the high of 16.3 percent experienced back in August. When scaled with the white unemployment rate of 8.9 percent, the black unemployment rate is 79.8 percent higher than that of white Americans.

 

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