On Labor Day, Grim News for Young Black Jobseekers
(Kentucky.com) –There’s little to celebrate this Labor Day. The unemployment rate for July, stuck at 9.5 percent, means that 14.6 million people who have been looking for work are still jobless.The situation is even worse for blacks between the ages of 16 and 24. Only one in three of them has a job. An additional one-third are actively job hunting without any luck. In contrast, more than half of their white counterparts have jobs and “only” 16 percent are unemployed, a rate one-half that of blacks.
