Top Ten Videos to watch

A Man Operating A Tv Camera
Maurice White
March2Justice
'News One Now' With Roland Martin Taping
Bill Cosby
Activists In Los Angeles Gather To Burn Likenesses Of The Confederate Flag
Flint Firebirds V Windsor Spitfires
CBC Message To America: Rep. Conyers Addresses The Damage Inflicted On Our Communities By Poverty, Mass Incarceration And Lack Of Economic Development
Iowa Caucus Ted Cruz
NewsOne Now NAACP Image Awards Preview
Student sitting at a desk in a classroom
Slavery Stock image
The 16th Annual Wall Street Project Gala Fundraising Reception
Ava DuVernay
Roland Martin Blasts Stacey Dash For Comments About BET, Black Networks
President Obama Delivers State Of The Union Address At U.S. Capitol
Ava DuVernay
2016 North American International Auto Show
Democratic National Committee Presidential Primary Debate
88th Oscars Nominations Announcement
Democratic debate
Dream Speech
GOP Presidential Candidates Debate In Charleston
US President Barack Obama speaks on the
24593149
2011 Winter TCA Tour - Day 5
LOS ANGELES, CA - FEBRUARY 18, 2015: Two wooden stand-in Oscar statuettes are ready to be taken on
Woman Holding Dollars - Isolated
President Barack Obama Delivers His State Of The Union Address
Leave a comment

black businesswomen

Black women are again the nation’s strongest performing demographic group in this month’s official unemployment figures.

The release of today’s US Bureau of Labor Statistics data reveals that black female unemployment declined for a consecutive month in June, falling 5 per cent from a rate 12.4 per cent in May to 11.8 per cent in June.

A decrease in unemployment for a consecutive month strengthens last month’s news that unemployment for black women had decreased substantially by 10 per cent.

Black Female Unemployment Has Steepest Decline In May

If this trend were to continue through July, the official of rate of unemployment for black women would move closer to a jobless rate of 11.5 per cent, which was the case this time last year.

However, today’s data do come with a solemn reminder of the extent of unemployment in the black community.

Unemployment levels for black men increased slightly from 17.1 per cent in May to 17.4 per cent in June, making black male jobless rates the highest across all major demographic groups.

Click here to view photos:

Other figures remained flat this month, with unemployment of white Americans rising one percentage point to 8.9 per cent and joblessness in the Hispanic community shifting slightly to end the month of June at 12.4 per cent.

Observers have been critical of this recent data, claiming that the federal government’s recovery effort is moving too slow.

President Obama touched on the data today, speaking from Andrews Airforce base.

“We are headed in the right direction,” he said. But “we’re not headed there fast enough.”

Private employers this month added 83,000 jobs to the labor market, much less than anticipated.

Bureau of Labor Statistics data indicate a reduction in hours in June and a slight decrease to hourly pay rates from $22.55 in May to $22.5 in June.

The Labor Department also delivered bleak news. Their total payroll was down 125,000 following the completion of the Census assignments of 225,000 temporary government workers.

Senate Republicans Block Jobless Benefits For Long-Term Unemployed

But on a region-by-region basis, labor data show an improvement to the unemployment situation of a majority of metropolitan areas.

On June 30, the Bureau of Labor Statistics released information that shows a decrease in unemployment in 237 of 382 of the country’s major metropolitan areas.

On a national level, the current jobless rate is at 9.5 per cent of the participating workforce.

Enhanced by Zemanta