The mainstream media is painting this month's report in a negative light -- 125,000 jobs were lost last month. The unemployment rate edged down from 9.7 percent to 9.5%. There was some positive news with private employers hiring increasing by 83,000 jobs last month.
What do these numbers mean to you?
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But between May and June 2010, the official “seasonally adjusted” jobless rate for Black male workers over 20 years-of-age in the United States increased from 17.1 to 17.4 percent; while the unemployment rate for white male workers over 20 years-of-age increased from 8.8 to 8.9 percent, according to the latest Bureau of Labor Statistics data. The number of Black male workers over 20 years-of-age having jobs decreased by 126,000; while the number of white male workers over 20 years-of-age with jobs decreased by 78,000.
b.f. - Thank you VERY MUCH for sharing this updated information. I used to bemoan the fact that the information on Black unemploment was never discussed in the mainstream media. Last month I decided to share the information each month on my blog. Your information on the 'seasonal adjustments' aids us in our effort to get this information out into the Black community.
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