Monday, March 15, 2010

Self-sufficiency is key to fixing Black unemployment

First the good news: Black unemployment in February was down 0.7 percent from January's recession high of 16.5 percent. Now, the bad news: it's still 15.8 percent, which is 7.1 percent higher than the national unemployment rate of 9.7 percent. Since the recession began in December 2007, the Black unemployment rate has gone up 7.8 percent, nearly doubling in two short years.

Read the rest at The Loop.

2 comments:

Anonymous said...

This week on Basic Black, America’s longest running television show addressing issues facing the black community our panelists look at the right-to-life movement in African American communities and discuss a recent report revealing the stunning racial disparities in wealth and the worth of a black woman. Tonight our panelists are: Latoyia Edwards, New England Cable News; Kim McLarin, writer-in-residence, Emerson College; Peniel Joseph, professor of history, Tufts University; and Rev. Irene Monroe, syndicated columnist. TUNE IN to our live Broadcast at 7:30pm EST at www.basicblack.org and on Channel 2 in Boston.

The Angry Independent said...

Good points,

But before Blacks can embrace self sufficiency they will have to embrace education.

So far that isn't taking place...at least not at the middle school and high school levels. Urban schools on the whole have been a disaster over the past 3 decades.