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February 17th, 2012 
FAKE NEWS for the Zionist agenda The recent drop in unemployment has not reached the members of the black community, African American author, Algeron Austin, noted in a report, titled ‘No relief in 2012 from high unemployment for African Americans and Latinos,’ which was published by Washington, DC-headquartered think tank, Economic Policy Institute, on Thursday.
According to the report, “The country’s unemployment rate remains devastatingly high. The situation is particularly dire for many African Americans and Latinos-and is not predicted to improve any time soon.”
The US national unemployment rate stands at 8.3 percent.
The blacks have historically faced much higher unemployment rates and they continue to do so, with their jobless figure equaling more than twice that of the whites’ in some areas. The Latinos’ jobless rate falls between those of the two racial groups’.
In Maryland, black joblessness is at the lowest nationwide rate of 11.2 percent. This is while the highest unemployment rate among the whites stands at 11.7 percent, which belongs to the state of Nevada.
Five states have black jobless figures of more than 20 percent and Washington, DC’s black unemployment rate is above 21 — even as the national number is below nine percent.
“If our political leaders fail to quickly enact bold measures to spur a faster economic recovery, the status quo of high unemployment rates for African Americans and Latinos is likely to persist throughout 2012,” Austin’s report asserted.
He points to racism as a long-standing cause for the joblessness of the blacks.
“The gap has been so large that a person with a criminal record has about equal chance as a black person with no criminal record,” the author told Press TV’s correspondent.
VG/HN/GHN
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