The Jobs Situation in Black and White
Sometimes, all the noise about the ongoing jobs crisis obscures some underlying facts — namely that the recession has hit black and Latino communities first and worst.
Don’t believe me? Check out the charts below.
- Since the recession began, the black unemployment rate has climbed 7.3 percentage points (9.0 percent in December 2007 to 16.3 percent today)
- White unemployment has risen 4.5 percent and today sits below the pre-recession black unemployment rate (4.4 percent in December 2007 to 8.9 percent today)
- Latino unemployment has nearly doubled during the recession (6.3 percent in Dec 2007 to 12.0 percent today)
- While white and Latino unemployment has dropped or stabilized since May, black unemployment is actually on the rise (15.5 percent in May 2010 to 16.3 percent today)
(all data via Bureau of Labor Statistics)