Author Topic: Black teen unemployment 32.4%  (Read 193 times)

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Offline rangerrebew

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Black teen unemployment 32.4%
« on: March 09, 2014, 10:08:20 AM »
Black Teen Unemployment 32.4%



March 7, 2014 - 12:35 PM


By Ali Meyer


Black Teen Unemployment 32.4% -- Only 24.9% of Black Teens in Labor Force
(AP Photo)


(CNSNews.com) – The  unemployment rate for black teens, ages 16 to 19, was 32.4% in February, according to the Bureau of Labor Statistics (BLS), whose data also show that only 24.9% of black youth are participating in the nation’s labor force.

The participation rate for black youth has decreased from 26.4% in January to 24.9% in February, a decrease of 1.5 percentage points. The rate has not been this low since January 2012 when it was 24.8%.

When President Obama took office in January 2009, the work-force participation rate for this group was 29.6%, which means the rate of decline -- from 29.6% to 24.9% -- was 15.8%.

The black youth unemployment rate for ages 16-19 is 32.4%, which is 383.6% higher than the national unemployment rate, of 6.7%.

The unemployment rate is the percentage of people in the labor force who do not have a job. To be in the labor force a person must either have a job or actively sought one in the last four weeks.
..- See more at: http://cnsnews.com/news/article/ali-meyer/black-teen-unemployment-324#sthash.fIEekAcJ.dpuf
« Last Edit: March 09, 2014, 10:08:56 AM by rangerrebew »
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