Originally posted on News One:
Too often during this election season, discussions of how Black males are faring economically have been lumped in with rants about “shared responsibility and sacrifice.” Yet new unemployment statistics out recently — alongside several decades of Black males disproportionately locked out of the mainstream economy or struggling at its lower to middle rungs — point to a different conclusion: American society has all but surrendered when it comes to the economic plight of Black men.
During the Great Recession, between 2007 and 2009, 8-million Americans lost their jobs. For African Americans, especially the poor and working class, the economic meltdown could be characterized as an inverse parody of their social fate turned on its head. Still struggling with the historical vestiges of unemployment, Blacks lead all ethnic groups with an unemployment rate of 14.1 percent, according to the most-recent data released by the Bureau of Labor Statistics. (This, after topping 16 percent during 2011.)