Friday, April 17, 2009

Black Money: Study Finds that Black Male Unemployment is out of control

A recent study indicates that of the major ethnic groups impacted by unemployment during the current U.S. recession, Black men have experienced the greatest job losses since the crisis officially began in November 2007.

"What's missing from national media coverage of this recession is plainly a great deal of [honesty] about who's losing their jobs. This is overwhelmingly a blue-collar, retail sales, low-level recession," said Andrew Sum, professor of economics and director of the Center for Labor Market Studies at Northeastern University in Boston, Mass., which published the study.

"The Impacts of the 2007-2009 National Recession on Male Employment in the U.S. through January 2009; The Massive Concentration of Job Losses Among Males Especially Black Men and Blue Collar Workers" tracked employment losses in the recession across gender groups of workers overall, and in the four major ethnicities— Asian, Black, Hispanic and White. Thestudy found that:


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