If I should just post the archive link the future, let me know, some subs ban such posts.
Barnyard_Rich on
The reason I felt this was important enough to post was mainly because unemployment is rising fast even for college educated black people, showing how broad the coming problem is:
>The unemployment rate for Black college graduates 25 years and older reached 5.3% in July, according to seasonally adjusted figures from Haver Analytics, based on Labor Department data. That was up from 3.9% in May and 2.7% in February. (Unlike the figures for overall unemployment, the Labor Department doesn’t adjust these figures for the typical seasonal swings that occur from month to month.)
>**The July rate was 1.7 percentage points higher than the unemployment rate for white workers with only a high-school diploma—the biggest gap since Labor Department records for this metric began 1992.**
OrangeJr36 on
Since 1865 federal employment has been a major factor in lifting African Americans out of poverty and providing them a middle class lifestyle. Now that you have an administration that is not only cutting federal jobs regardless of need, but one that is explicitly targeting African Americans for termination, it’s predictable that this would accelerate their unemployment rates.
Ornery_File_3031 on
This is by design. Gutting the federal workforce where many black Americans work was driven more by racism than any completely made up claims of efficiency
4 Comments
Sorry for the paywall, full article here: https://archive.is/V1jxC
If I should just post the archive link the future, let me know, some subs ban such posts.
The reason I felt this was important enough to post was mainly because unemployment is rising fast even for college educated black people, showing how broad the coming problem is:
>The unemployment rate for Black college graduates 25 years and older reached 5.3% in July, according to seasonally adjusted figures from Haver Analytics, based on Labor Department data. That was up from 3.9% in May and 2.7% in February. (Unlike the figures for overall unemployment, the Labor Department doesn’t adjust these figures for the typical seasonal swings that occur from month to month.)
>**The July rate was 1.7 percentage points higher than the unemployment rate for white workers with only a high-school diploma—the biggest gap since Labor Department records for this metric began 1992.**
Since 1865 federal employment has been a major factor in lifting African Americans out of poverty and providing them a middle class lifestyle. Now that you have an administration that is not only cutting federal jobs regardless of need, but one that is explicitly targeting African Americans for termination, it’s predictable that this would accelerate their unemployment rates.
This is by design. Gutting the federal workforce where many black Americans work was driven more by racism than any completely made up claims of efficiency