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June 21, 2011

Obamanomics: 16.2% Unemployment for African-Americans … 41% for Black Teens … OUCH!!!

Posted in: Barack Obama,Economy,Jobs,Obamanation,Obamanomics,Unemployment

Thanks Barack Obama … will African Americans vote for Obama in 2012 like they did in 2008 after a disastrous 4 years in office?

In 2008 Barack Obama promised “hope & change” and many in America and especially in the African-American community fell for the sound byte hook, line and sinker. Just curious black America, hows that “hopey, changey” stuff working out for you lately?

President Barack Obama has been woefully absent on jobs and his complete failure with the economy has never been worse than with African-Americans. The united States presently has a 9.1% unemployment rate, although we know that it is much higher than that as many individuals have just given up and have stopped looking for work. According to CBS News, unemployment among blacks is at 16.2%, 17.5% for black males, and a near 41% for black teens.

While unemployment among the general population is about 9.1 percent, it’s at 16.2 percent African Americans, and a bit higher still for African American males.

CBS News correspondent Michelle Miller reports that, historically, the unemployment rate for African Americans has always been higher than the national average. However, now it’s at Depression-era levels. The most recent figures show African American joblessness at 16.2 percent. For black males, it’s at 17.5 percent; And for black teens, it’s nearly 41 percent.

After all the promises from Obama in 2008 to minorities, how many will actually look at the cold hard facts in 2012 and ask themselves if they are better off today than they were four years ago. When it comes to “hope & change”, be careful what you wish for.


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