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January 27, 2014

Black Labor Force Participation Rate Under Obama Hits Lowest Level Ever Recorded

Topics: Political News and commentaries

black voters for obama.jpg
Five years in to Barack Obama's presidency, African-Americans' labor force participation rate has hit rock bottom. The current rate for African American men in the labor force fell 0.7 percentage points to 65.6 percent in December, the lowest on record (via PBS):

"The drop in labor force participation was sharpest for African Americans, who saw a decline of 0.3 percentage points to 60.2 percent, the lowest rate since December of 1977. The rate for African American men fell 0.7 percentage points to 65.6 percent, the lowest on record. The decline in labor force participation was associated with a drop in the overall African American unemployment rate of 0.5 percentage points to 11.9, and a drop of 0.6 percentage points to 11.6 percent for African American men."
Unfortunately, black Americans are getting what they voted for, albeit not exactly what they thought they were going to get when they voted for Obama.

Related: CNN - More African-Americans are being squeezed out of the housing market.

Posted by Hyscience at January 27, 2014 3:56 PM

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