If the White unemployment rate were 11.4 percent, someone other than a humble columnist would be asking about a bailout for the unemployed. But because we are simply looking at a Black unemployment rate, there has been little discussion about what to do about excessive unemployment. According to the Economic Policy Institute (www.epi.org) all of the gains African Americans made in the 1990s were wiped out by job losses in the last several years. The report, written by Algernon Austin, suggests that African American workers have been among the hardest hit by our economic downturn. There's nothing for Black folks, but plenty for banks.
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Thursday, October 9th 2008 at 7:13PM
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