ObamaNomics: American Blacks suffer unemployement rate twice that of whites.

Posted on June 20, 2011 by

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ObamaNomics at work

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While unemployment among the general population is about 9.1 percent, it’s at 16.2 percent African Americans, and a bit higher still for African American males.

CBS News correspondent Michelle Miller reports that, historically, the unemployment rate for African Americans has always been higher than the national average. However, now it’s at Depression-era levels. The most recent figures show African American joblessness at 16.2 percent. For black males, it’s at 17.5 percent; And for black teens, it’s nearly 41 percent.

For some, it’s crunch time at STRIVE, a job training program in East Harlem, where instructors use drill sergeant-like techniques. They teach job-seekers to correct their mistakes by fining them a quarter each time they make them.

For young men of color, especially black males in New York City, things are especially bad. According to the think tank, the Community Service Society, 34 percent of New York’s young black men age 19 to 24 are not working.

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Posted in: Crime Inc