NEW YORK (CNNMoney) – For the country as a whole, the unemployment rate fell in 2011. That’s good news, right? Not so much for African Americans. As the economy slowly improved last year, the unemployment rate fell for both whites and Latinos. But at the end of the year the black unemployment rate was 15.8 [...]
The unemployment rate remains at 9.1%. But, what does this mean in terms of real job growth? Where are the jobs? “Going forward, labor experts say one of the most troubling trends in the jobs market is the number of long-term unemployed—workers who have been out of work for at least six months and have [...]