Good news, unemployment is down. All is well and it's time to rejoice, right? Maybe, maybe not. Quite a few people (hummh say a few million or so) have been looking for work for quite a while now; a long while (more than 6 months, for others more than 12 months). It begs the question of how much race plays in unemployment or better stated re-employment? For Blacks the unemployment rate is much higher than that of Whites and anywhere from 2-4% higher than Hispanics. In many cases, the unemployment rate for Blacks (males in particular) is more than double that of Whites. How are those unemployment numbers reconciled?
I mean are the job numbers simply media spin for a good story or real data on a real problem? Once more, let's say it is a real problem, how is the problem resolved such that Hispanics, Blacks and other minorities are more successful in the job hunt? In Obama's speech at Morehouse College in Atlanta, you would think the problem is more so minorities, themselves, and not the job market. According to Obama, being a Harvard Graduate didn't help so much in his success and climb to presidency. Apparently, his accomplishments are something just about anyone could do and has the opportunity to do. Hummh, but then why aren't so many people seeing success in the job market today? Why is the Black and Hispanic unemployment rate 11, 12, and in some cases 13% (Detroit area), while for Whites the unemployment rate hoovers just over 6%?