Friday, August 2, 2013

Shocking: Black Teen Unemployment Rate 41.6%

While the mainstream media is celebrating lower unemployment numbers, all around, the unemployment rate for Black teens remains scandalously high at the rate of 41.6% pursuant to reports from the Department of Labor Bureau Statistics. BREITBART
This isn't a numbers trick. This isn't a rate based on the whole black teen population in the country. This is the proportion of the black teen population that is looking for work but can't find a job.
Just in March, the number was eight points lower at 33%. The white teen unemployment rate is half the black rate, although still high [...]

What does this mean? This means that while Barack Obama, Al Sharpton, Jesse Jackson, Sheila Jackson Lee, the NAACP and the rest of the Communist Black Caucus and fellow elites were busy demanding justice for Trayvon, Black unemployment rates for teens and adults were placed on a shelf. Correction: The Black unemployment rates for teens and adults have been a non-travesty since January 20, 2009. Shame on you, Black America.

It is shameful that you Black America pretends refuse to hold Obama accountable for his failing, let alone the dirty bastard accountable for your suffering and that of your family.

If the unemployment rate for Black teens were even close to 41.6% high during the Bush or Clinton era, you would have been out there marching and raising hell but since it is Obama, you and the Black press are docile.  

Five Things Media Aren't Telling You About Today's Jobs Numbers
If you are wondering why the media are still artificially propping Obama up at the expense of working people–even after he has been safely re-elected–the answer is simple: After investing so much in him, the media must now prove they were right to do so. So when it comes to the economy, the media have created The Obama Curve–a threshold for success heretofore unheard of in media.
But even with a dismal 162,000 jobs created in July, the media are still conspicuously avoiding context and history in order to avoid reporting on just how catastrophic 2013 has been for jobs and economic growth.
1. The Unemployment Rate Dropped Due to People Giving Up Looking for Work …

The unemployment rate would be 10.7% if people did not quit work; 37,000 people dropped out of the work force last month. Of the jobs created, 65% were part-time courtesy of Obamacare.

Obamacare Full Frontal: Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time
When the payroll report was released last month, the world finally noticed what we had been saying for nearly three years: that the US was slowly being converted to a part-time worker society. This slow conversion accelerated drastically in the last few months, and especially in June, when part time jobs exploded higher by 360K while full time jobs dropped by 240K.
In July we are sad to report that America's conversation to a part-time worker society is not ‘tapering’: according to the Household Survey, of the 266K jobs created (note this number differs from the establishment survey), only 35% of jobs, or 92K, were full time.

All posts cross-posted on PUMABydesign001's Blog