Depression Level Unemployment?
Activist Black organizers are claiming their unemployment levels are at depression levels or 25%. Minority unemployment is higher than White, but, for adults it is not at depression levels.
Blacks have an unemployment rate of 16.8%, as of July 2011. Hispanics, a larger minority, has 11.3%. Whites are at 8.2%.
41.4% of Black teenagers between 16-19 are unemployed. Same demographic shows Hispanics at 36.2% and Whites at 23.3%. That is a lot of young people on the streets. These numbers are at depression levels.
Interesting, a higher percentage of men were employed for Whites and Hispanics. But, for Blacks a higher percentage of women were employed than men.
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