Black Unemployment Nearly Double White Rate

One of the reasons that Barack Obama won the election this year is the continued inability of the economy to produce jobs. The nation’s unemployment rate climbed to 6.5 percent last month. But the Black unemployment rate remained substantially higher at 11.1 percent, nearly double the rate for whites [SOURCE].

The 6.5 percent overall rate marked a 14-year high in joblessness and was creating a huge impact on ordinary Americans as 240,000 jobs were cut in October, far worse than economists expected.

In total, 1.2 millions jobs were lost this year, making October the tenth consecutive month in which the economy reported job losses. But Blacks have been particularly hard hit by the troubled economy.

African Americans posted the highest unemployment rate of any racial or ethnic group in the survey. The October unemployment rate, not seasonally adjusted, for whites was 5.9 percent, for Hispanics 8.8 percent and for Asians 3.8 percent, but for Blacks it was 11.1 percent.