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Showing posts from January 2, 2010

Unemployment Vs Incarceration Rates For blacks

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As we start out the year 2012 a big problem that still looms for most Americans is being unemployed. One of the very real consequences of any economic down turn is the casualties of those Americans who loose their jobs. Last November the Bureau of Labor and statistics reported that the current unemployment rate was as high as about 9%. Over the course of the last year it has grown to a double digit number of 10%. As bad as those numbers are for all Americans it is even worse as we look at the plight of African Americans and unemployment rates. The current unemployment rates for blacks is right at about 15%, depending on the age group it can be even higher than that. For young adult black males between the ages of 18 - 35 it can be over 30%. Those are hard numbers to swallow and the consequences for that demographic can be devastating in a lot of different ways. "The labor market difficulties of Blacks and Hispanics are associated with many factors, not all of which are measur...