Although we had some good news for August in that no US soldiers died while fighting in the Iraqi war, on the domestic front, our economy isn’t doing so well. And, after yesterday’s jobs report, it is clear that those that are getting hit the worst are African Americans. CNN reports,
The August jobs report was dismal for plenty of reasons, but perhaps most striking was the picture it painted of racial inequality in the job market.
Black unemployment surged to 16.7% in August, its highest level since 1984, while the unemployment rate for whites fell slightly to 8%, the Labor Department reported.
“This month’s numbers continue to bear out that longstanding pattern that minorities have a much more challenging time getting jobs,” said Bill Rodgers, chief economist with the Heldrich Center for Workforce Development at Rutgers University.
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SOURCE: [CNN Money]
