Saturday, July 07, 2012

Unemployment rises among black Americans, figures show | Business | guardian.co.uk

Unemployment rises among black Americans, figures show | Business | guardian.co.uk: One of the most jarring figures in the labour statistics is a rise in unemployment among African Americans, from 13.6% to 14.4%, double the rate for the white population.

The proportion of white Americans out of work was static at 7.4%, and while the jobless rate for Latinos remained high at 11%, it too was unchanged from May.

Algernon Austin, the director of the race, ethnicity and economy programme at the Economic Policy Institute, said the figure for black Americans had been hovering at or above 14% for the past three years, even with a 'recovery' supposedly under way. "It is an extremely high rate to be stuck at," Austin said. "That is the really important news."