But by historical standards the current black unemployment rate is consistent with the average from 1972 to 2004, and the ratio of black - to - white unemployment rates is actually below the historical average. (religion.blogs.cnn.com)
Share the post «December jobs report: tight labor market sends black unemployment to historical lows» (jaredbernsteinblog.com)
First, Dean Baker points to this great Bloomberg article by former Fed regional bank pres Narayana Kocherlakota (NK) on how, since black unemployment typical runs 2x the overall rate, Fed policy is especially consequential for them (and other minorities). (jaredbernsteinblog.com)