Jobless Rate

Not only did the Black unemployment rate in December jump to more than twice that of white people, but Black workers -- who already have long had the highest rate of all demographics -- saw their levels of joblessness grow while everybody else's dropped.

A closer look at the data and statistics reveals some of the reasons why the Black unemployment rate is always the highest. And they're far from the common perceptions that are often rooted in racism.

Black women saw their rate of unemployment in January inch up by a small but meaningful increment as they "are still being left behind by the recovery," according to a recent report on the economy.

Can getting a college diploma help a Black person get on a more even footing with white people in the job marketplace? Not really, according to a new report by the Center for Economic and Policy Research, titled “A College Degree is No Guarantee.” Reports CBS News: The study shows that in 2013, 12.4 percent of Black college students […]

Already off to a tough start in life, 49 percent of American babies born into poor families will be poor for at least half their childhoods, a new Urban Institute study finds. Among children who are not poor at birth, only 4 percent will be "persistently" poor as children.

With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.

New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.