Saturday, June 24, 2017

"Hey Barack, Where The Heck Were You"?

Unemployment among black Americans ages 16 years and over fell to 7.5 percent in May, its lowest level since December 2000.

Black unemployment has been on the decline since February — falling from (February) 8.1, (March) 8.0, (April) 7.9, and (May) 7.5 percent, according to data from the Bureau of Labor Statistics.
The national unemployment rate in May was 4.3 percent, its lowest level since May 2001.
Unemployment for black Americans has historically hovered below their white counterparts. The Great Recession drove black unemployment near Great Depression-era levels, reaching 16.8 percent in March 2010. While most Americans were feeling the negative affects of the housing crisis, it was black lawmakers who were beginning to publicly blame President Obama for black America’s morass.

In August 2011, Congresswoman Maxine Waters called the black unemployment rate “unconscionable.”

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