Re:The Nobel Prize in Literature 2016 awarded to Bob Dylan
by dexterdog on Friday October 14, 2016 @08:45AM
(#12707683)
Because unemployment improved for everybody, but it improved for a significantly smaller percentage of blacks that it did for the population as a whole.
Re:The Nobel Prize in Literature 2016 awarded to Bob Dylan
by nl on Friday October 14, 2016 @12:08PM
(#12709020)
It dropped ~6.9% for blacks, ~5% for the population as a whole.
Prior to the financial crisis it was 4.6% overall, 8.3% for blacks[1].
So now it is 8.9% worse that the per-crisis number for all employment (ie, (5-4.6)/4.6) vs 8.5% worse for blacks (ie (9-8.3)/8.3).
Sure, I'm sure you can play with the numbers to give it the spin you want, and I can spin them the other way.
But it's pretty difficult to argue that it is significantly worse now than it was before.
[1] http://www.bls.gov/opub/reports/race-and-ethnicity/archive/r...
Do they look back from todays "hellscape" recovery and remember the wonder days when we wondered how many people would lose their jobs or homes to foreclosure? Or did they rejoice when black RNC head Michael Steele was forced to kowtow Rush Limbaugh after Obama was elected?