Unemployment for Blacks Increases to 14.3% — Great Uncle Tom Strikes Again
According to the BLS report (http://bls.gov/news.release/empsit.nr0.htm🙂
Among the major worker groups, the unemployment rate for blacks increased to 14.3
percent in October[.]
Do black Americans really need anymore proof that this President cares little about their plight? When was the last time as President he specifically addressed or commented on the horrible unemployment burden in the black community? See prior thoughts on this here: https://pelinore.wordpress.com/2012/10/16/if-you-say-liar-he-may-say-great-uncle-tom/.
And just wait for the fabricators to spin this as something positive for Obama even though the rate went up and, more importantly:
In October, the number of long-term unemployed (those jobless for 27 weeks or more)
was little changed at 5.0 million. These individuals accounted for 40.6 percent of
the unemployed. (See table A-12.)
Here is a good analysis of the other data in the BLS report particularly how the U-6 number, at an embarrassing 14.6%, is the real number to look at when trying to predict what un and underemployed people are going to do at the ballot box. http://hotair.com/archives/2012/11/02/jobs-report-171k-jobs-added-jobless-rate-rises-to-7-9/ .