tag:blogger.com,1999:blog-35777384.post3256773501980400710..comments2024-03-26T13:58:01.822-07:00Comments on The Dangerous Economist: Youth Unemployment Hits 52-Year Low Cyril Moronghttp://www.blogger.com/profile/07148864847009186694noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-35777384.post-59363589983520548782018-10-13T09:29:06.554-07:002018-10-13T09:29:06.554-07:00Yes, but one of those links has a time line chart ...Yes, but one of those links has a time line chart and the black unemployment rate has been falling for several yearsCyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-29299625150798515542018-10-13T07:25:03.785-07:002018-10-13T07:25:03.785-07:00hi Cyril, i took the following excerpt from the ma...hi Cyril, i took the following excerpt from the market watch link you provided. I think it may be on to why the unemployment rates for Blacks is abysmal compared to whites, considering the demographic numbers.<br />*In August, the black unemployment rate fell to 6.3%<br /><br />"That said, the black unemployment rate is still higher than the 4.7% Hispanic unemployment rate — also the second-lowest on record — and the 3.4% unemployment rate for whites and the 3% jobless rate for Asian-Americans.<br /><br />A Federal Reserve paper last year on the topic found that observable characteristics — age, education, marital status and state of residence — could not explain the black-white gap in employment, whereas it largely did for the Hispanic-white gap.<br /><br />Factors that could explain the gap include personal or institutional discrimination as well as incarceration rates, the Fed paper said."<br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35777384.post-72396253901198099542018-10-12T07:48:07.588-07:002018-10-12T07:48:07.588-07:00Not sure what you mean by saying Black Americans h...Not sure what you mean by saying Black Americans have not benefited much from the tightening of the labor market. Unemployment rates for all races have been falling. The black rate is still higher than the white rate, but that has been happening for a long time. This article might interest you<br /><br />https://www.vox.com/policy-and-politics/2018/6/1/17417762/black-unemployment-rate-record-low-may-jobs-report<br /><br />and this one<br /><br />https://www.marketwatch.com/story/black-unemployment-falls-to-second-lowest-on-record-2018-09-07Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-74265498564033181922018-10-12T07:40:13.284-07:002018-10-12T07:40:13.284-07:00Would you happen to have any thoughts on why the B...Would you happen to have any thoughts on why the Black Americans have not benefited much from the tightening of the labor market? I ask this question because there seems to be lots of employment to go around nowadays. Unknownhttps://www.blogger.com/profile/15132995151318630254noreply@blogger.com