Monday, March 15, 2010

Self-sufficiency is key to fixing Black unemployment

First the good news: Black unemployment in February was down 0.7 percent from January's recession high of 16.5 percent. Now, the bad news: it's still 15.8 percent, which is 7.1 percent higher than the national unemployment rate of 9.7 percent. Since the recession began in December 2007, the Black unemployment rate has gone up 7.8 percent, nearly doubling in two short years.

Read the rest at The Loop.