Tuesday, March 17, 2009

Black unemployment back at Depression-era levels?

Unfortunately, I know at least a half-dozen people who have lost their jobs in the past year. Some of them quickly found other work (even if it was for less pay), while others are still looking.

Of course, layoffs are affecting millions of people these days, but as has always been the case, the unemployment disease is epidemic in the black community. In my latest segment on National Public Radio, I was in a discussion with the economist Julienne Malveaux, who says that unemployment among African-Americans is at the same levels as it was during the depression.

How does this get turned around?

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