July 2, 2010

Black Unemployment Rate Falls to 15.4% in June 2010

African Americans are still being hit harder than most with the bad economy.  A new employment report released this morning by the Bureau of Labor Statistics shows us that the unemployment rate for African Americans dropped from 15.5% in May 2010 to 15.4% in June 2010.

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?


b.f. said...

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.

Villager said...

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.