December Jobs Report Shows Obama Economy Failing Blacks

The latest jobs report reported an improvement for blacks but the unemployment rate remains in double digits and more than twice that of whites.

(CNSNews.com) – The numbers from the Bureau of Labor Statistics (BLS) for December 2014 show that while the national unemployment rate for whites is 4.8%, the national unemployment rate for blacks is more than double that, at 10.4%.

Blacks comprise 13.2% of the U.S. population and whites comprise 77.7% of the population, according to the Census Bureau.

The seasonally adjusted unemployment rate for whites, age 16 and older, dropped slightly between November and December, said the BLS, from 4.9% to 4.8%.

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For blacks, age 16 and older, the seasonally adjusted rate dropped slightly from 11.0% in November to 10.4% in December, reported the BLS

For Latinos, who comprise 17.1% of the U.S. population, the unemployment rate in December was 6.5%, down slightly form November’s rate of 6.6%.

The last time the national unemployment rate for blacks was below 10.4% was in July 2008, some six-and-a-half years ago.

 

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