Op-Ed Columnist - Blacks in Retreat - NYTimes.com: ...As the nation continues to wallow in the trough of widespread unemployment, black Americans are bearing a disproportionate burden of the joblessness. The election of a black president may have been important to African-Americans for myriad reasons, but it hasn’t done much for their bottom line, which continues to deteriorate.
For example, without a dramatic new intervention by the federal government, the poverty rate for African-American children could eventually approach a heart-stopping 50 percent, according to analysts at the Economic Policy Institute. Already more than a third of black children are living in poverty.
Present trends are not good. Communities of color are being crushed economically and the national news media have not fully focused on the carnage. The official unemployment rate for blacks is 16.2 percent and could well pass 17 percent before the year is out. The real jobless rate is far more ghastly. The Boston-based group United for a Fair Economy noted that even “college-educated black men are nearly twice as likely to be unemployed as their white, college-educated counterparts.”
In some poor neighborhoods, a man or woman with a traditional full-time job is the exception, not the rule. In five Midwestern states — Nebraska, Minnesota, Iowa, Wisconsin and Oklahoma — the jobless rate for blacks is at least three times as high as that for whites.
