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September 02, 2011

First Black President Has Highest Black Unemployment Rate in 27 Years at 16.7%

Posted in: Barack Obama,Economy,Hope and Change,Jobs,Obamanation,Obamanomics,Unemployment

The historic election of Barack Obama continues to reap historic moments … Unemployment rate among Blacks at 16.7% and a 27 year high. Hey Black America, “How’s that ‘Hopey, Changey’ stuff working out for you?” Do some blacks have buyer’s remorse?

Unemployment rate among Blacks at 16.7% and a 27 year high thanks to Obama

Today’s dismal job numbers courtesy of President ZERO’s economic polices were disastrous for Americans as NO JOBS were created in August, 2011. However, it was none more catastrophic than to Black Americans where their unemployment rate rose to a 27 year high at 16.7%. I bet Black America thought things were going to be so much different for them when Barack Obama was elected in 2008.

Barack Obama was going to help her pay her gas and mortgage … What about a job Peggy?

The August jobs report was dismal for plenty of reasons, but perhaps most striking was the picture it painted of racial inequality in the job market.

Black unemployment surged to 16.7% in August, its highest level since 1984, while the unemployment rate for whites fell slightly to 8%, the Labor Department reported.

“This month’s numbers continue to bear out that longstanding pattern that minorities have a much more challenging time getting jobs,” said Bill Rodgers, chief economist with the Heldrich Center for Workforce Development at Rutgers University.

Black unemployment has been roughly double that of whites since the government started tracking the figures in 1972.

In the 2008 election, 95% of black men and 96% of black woman voted for Barack Obama. Overall, 95% of blacks voted for Obama.  Do you think any of them thought that their plight would have been worse when Obama was elected the first black President? If GWB was in office, he would have been called a racist with such high, epoch black unemployment numbers. Any Republican would have been called uncaring of blacks and out of touch with black minorities. So what do  they say when their hand picked Savior is in office and has made matters worse for them?

Seriously, how does a black voter actually vote for Obama in 2012? Do they really want four more years of near 17% unemployment, no jobs and food stamps? Really? Blacks really need to take a serious look at things and realize it is not the Tea Party that is their enemy, it might just be the political party that takes their vote for granted no matter what color the President is.


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