Recession Hard on Black, Hispanic Job Hunters
According to a report released in November by the Bureau of Labor Statistics (BLS), African American and Hispanic workers were hit particularly hard during the first year of the current recession. The report notes that while “the overall labor market conditions deteriorated markedly in 2008 following the onset of the recession in December 2007 . . . labor market problems for blacks or African Americans and Hispanics or Latinos were especially acute.”
In 2008, the BLS reported that the unemployment rate was 10.1 percent for blacks and 7.6 percent for Hispanics. These figures were considerably higher than the unemployment rates for whites and Asians, at 5.2 percent and 4.0 percent, respectively. During the first 10 months of 2009, the unemployment rate for black male college graduates 25 and older was 8.4 percent — compared with 4.4 percent for white male college graduates.



