Friday, April 2, 2010

Is the unemployment crisis actually abating?

Today the news came out that while the nation's unemployment rate has remained steady at 9.7%, the economy actually added 162,000 jobs during the month of March. Most of these were either people who had been full-time being hired part-time, temporary jobs, or jobs with the Census, but it was the most jobs added in nearly three years.

Economists believe we are seeing the signs of recovery.

But is the crisis abating?

Jacob posts on the blog "Coffee House Talks" about the fact that while the national unemployment average is leveling out, the unemployment average for Black males continues to increase. Somehow any economic recovery is not being felt equitably, and Jacob has a brief but helpful deconstruction of where that inequity might originate.

Has anyone else seen this for other communities? Thoughts on structural inequities pervasive in our economic recovery? Please share.

Bryce Hughes

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