Wehrwolfen
Senior Member
- May 22, 2012
- 2,750
- 340
- 48
By Keli Goff
5/3/2013
After a dismal showing in March, when fewer than 90,000 jobs were reported created, the April jobs report is being billed as a comeback of sorts for the U.S. economy: There were 165,000 jobs added, while unemployment fell to 7.5 percent, the lowest rate since December 2008, just after the economic collapse. Other good news from this month's report: a revision of previous reports. Though it was previously reported that only 88,000 jobs had been added in March, it is now being reported that 138,000 jobs were actually added.
But in disturbing news, the unemployment rate for African Americans remains at 13.2 percent. Reports from March indicate that more than half of African-American men without a high school diploma are unemployed. Yet the nationwide rate for those without high school diplomas is just 11.6 percent.
Last year, in an interview with The Root, as black unemployment hovered near the 14 percent mark, Rep. Emanuel Cleaver (D-Mo.), then chair of the Congressional Black Caucus, said that black Americans were giving President Obama a "pass" on poor handling of unemployment within the community. "Well, I'm supposed to say he doesn't get a pass, but I'm not going to say that," he said.
(Excerpt)
Read more:
March 2013 Black Unemployment Rate: Has Obama Failed African Americans on Jobs?
Hmm... Seems I saw something similar on TV this evening. An Afro-American making the true statement that although the latest figure show unemployment in White America is now rated at 7.5%, unemployment for Afro-Americans is at least double (14.5%) that figure. While Democrats continue to claim that they are helping the Black population. Accordingly, Democrats have not helped the black population in the last 50 years. LBJ's Great Society was actually torpedoed by the Progressive Democrats.
5/3/2013
The U.S. economy appears to rebound for everyone but African Americans
After a dismal showing in March, when fewer than 90,000 jobs were reported created, the April jobs report is being billed as a comeback of sorts for the U.S. economy: There were 165,000 jobs added, while unemployment fell to 7.5 percent, the lowest rate since December 2008, just after the economic collapse. Other good news from this month's report: a revision of previous reports. Though it was previously reported that only 88,000 jobs had been added in March, it is now being reported that 138,000 jobs were actually added.
But in disturbing news, the unemployment rate for African Americans remains at 13.2 percent. Reports from March indicate that more than half of African-American men without a high school diploma are unemployed. Yet the nationwide rate for those without high school diplomas is just 11.6 percent.
Last year, in an interview with The Root, as black unemployment hovered near the 14 percent mark, Rep. Emanuel Cleaver (D-Mo.), then chair of the Congressional Black Caucus, said that black Americans were giving President Obama a "pass" on poor handling of unemployment within the community. "Well, I'm supposed to say he doesn't get a pass, but I'm not going to say that," he said.
(Excerpt)
Read more:
March 2013 Black Unemployment Rate: Has Obama Failed African Americans on Jobs?
Hmm... Seems I saw something similar on TV this evening. An Afro-American making the true statement that although the latest figure show unemployment in White America is now rated at 7.5%, unemployment for Afro-Americans is at least double (14.5%) that figure. While Democrats continue to claim that they are helping the Black population. Accordingly, Democrats have not helped the black population in the last 50 years. LBJ's Great Society was actually torpedoed by the Progressive Democrats.