The Black Unemployment Rate

NEW YORK (CNNMoney) -

unemployment

Image by Sean MacEntee via Flickr

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 percent, exactly where it started out 2011, according to the government’s December jobs report released Friday. That’s a sharp contrast to the white unemployment rate, which fell to 7.5 percent last month.

Read more here… Local 10 News

 

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