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Thursday
Nov042004
Thursday, November 4, 2004 at 03:59AM
Federal unemployment figures show that, when it comes to African
Americans and unemployment, we've come a long way, baby--and I don't
mean for the better. What I mean is that since the American economy
spun into a recession three years ago, not only has the black
unemployment rate returned to its historical position of being twice as
high as the rate for whites, but the gap between the two statistical
indicators has continued to widen long after the recession itself
officially ended. For example, the government's August
unemployment data, which put overall unemployment at 5.4 percent, down
slightly from July's 5.5 percent--show that, while the white
unemployment rate declined slightly to 4.7 percent, the unemployment
rate of African Americans stood at 10.4 percent. [more]