Friday, March 6, 2009

When it Rains, it Pours: The African American Unemployment Rate


My Uncle and I were talking this morning about the current financial crisis and the unemployment rate. My Uncle Lewis tells me all the time that “Before its going to get better, it will get worse”. I would have to agree with him because despite the recent changes in leadership in Washington we cannot expect a miracle overnight. Americas current condition is not something that was just created and the new leadership in Washington needs time to overturn eight years of Bush policies.


However, the unemployment rate is alarming and the soon to be College Graduates receiving job offers is scarce. Some of us have are not even attempting to land that dream job that we went to college to receive, were going immediately to Graduate School. That is not the case for the average American especially an African American and the economy crisis is affecting the African American community dramatically.

The Unemployment Rate in the African American Community

13.4% compared to national rate 8.1%
Black Men 16.3%
Black Women 10.8 percent

Read more on the Black Unemployment rate

FRESH

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