February 2, 2011

Black Unemployment Drops to 15.7% in January 2011

The economic news that flowed from Washington DC was mixed today ... however, it still is a disappointing metric for the Black community harder.  A new employment report released this morning by the Bureau of Labor Statistics shows us that the unemployment rate for African Americans dipped slightly from 16.1% in September 2010 to 15.7% in January 2011.

Overall, the number of unemployed persons, at 13.9 million, down 600,000 in January.  The overall national unemployment rate ... now at 9.0% ... is at its lowest level since April 2009.

What do these numbers mean to you?

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