Saturday, April 07, 2001

For Some Reason Black Unemployment Always Iis and Always Has Been Twice White Unemployment

Job Loss in March Biggest in 9 Years
The unemployment rate took another tick upward, to 4.3 percent from 4.2 percent in February and 3.9 percent in October, as the Labor Department's job figures, announced yesterday, finally reflected the parade of layoffs and hiring freezes since last fall. Job losses in March, as they have been for months, were concentrated in manufacturing. But this time, job gains elsewhere were no longer sufficient to offset the cutbacks.

Blacks are suffering the most from rising unemployment. Their unemployment rate was 8.6 percent in March and averaged 8.1 percent in the first quarter, up from 7.5 percent in the fourth quarter.

http://www.nytimes.com/2001/04/07/business/07ECON.html?pagewanted=all

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