Posted on 01/13/2014 3:50:27 PM PST by 2ndDivisionVet
Five years in to Barack Obamas presidency, the number of African-Americans participating in the labor force has hit rock bottom.
The news media has ignored this stunning revelation from Fridays monthly jobs report by the Labor Department.
The exception has been PBS, which interviewed economist Dean Baker who had written about it in a report published Friday.
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.
Baker, Co-Director of the Center for Economic and Policy Research, told PBSs Judy Woodruff Friday that contrary to those who spin the falling labor force participation rate as mainly coming from retiring Baby Boomers, young workers are dropping out by the millions.
it is easy to see the big falloff in labor force participation is among prime age workers, 25-to-54-years-olds. That is down by four full percentage points. That is equivalent to five million people in their prime ages. They are not retiring at age 50.
The White House fed black media the news that black unemployment was down five points from its 2010 high of 16.9% but did not say that this was largely the result of more African-Americans giving up on finding jobs in the Obama economy.
While black support for Obama is over 80%, some in the African-American community put their desire for a job ahead of their pride in the first black president in the 2012 election. According to Pew Research, 19% of young black men voted for Republican Mitt Romneya loss of 14% for Obama from 2008.
Economist Walter Williams put black labor force participation in historical context in a column published last April by pointing out that up until the 1960s blacks were as well or better represented in the labor force than whites.
From 1900 to 1954, blacks were more active than whites in the labor market. Until about 1960, black male labor force participation in every age group was equal to or greater than that of whites. During that period, black teen unemployment was roughly equal to or less than white teen unemployment. As early as 1900, the duration of black unemployment was 15 percent shorter than that of whites; today its about 30 percent longer.
What happened after that? Liberalismand now Obama.
Why work when the great federal sow has always another nipple for a clinger-on?
And they would still vote overwhelmingly for him for a third term.
Is holding a steady job and being responsible for oneself considered acting White?
Nineteen percent of young blacks voted for Romney! I didn’t know that. For some, the time for hero worship is over.
Slowly but surely they are being herded back on to the Plantation. They appear too dumb to realize it.
Where are large numbers of blacks going to find low and semi skilled jobs in urban areas competing with illegals and guest workers?
https://www.numbersusa.com/content/news/november-20-2012/mississippi-company-agrees-13m-discriminatory-hiring-settlement.html
In their 2011 lawsuit Veronica Cook, Yolanda Phelps, Charlyn Dozier and Seleatha McGee said they repeatedly applied for employment at Howard Industries, but were not hired until after ICE raided Howards Laurel Miss. Plant. 592 illegal-alien workers were arrested in that 2008 raid.
The historical context at the end is interesting. Looks like the War on Poverty was actually the War on Working.
Why work when the “won” will give you everything? Seriously though, no one has wrecked the American economy better than these rats! Speaking about democRats.
Show me a black-American voting for Romney, and I’ll show you a ‘Rat party pushing that much harder for amnesty and “undocumented worker” voters.
The only people who vote for Obama are racists or communists.
If they are STUPID enough to vote for Democrats after seeing what has happened in their communities over the past 40-50 years ...I mean, what else can you do? They just can’t make the connection . . .or they just don’t want to.
ding ding. this is reparations to them.
If you are on the Progressive Plantation, you don’t need no stinking job!
Blacks in their 20’s only have to work two and a half years to qualify for a life time of Social Secirty ‘disability’ payments... Walk into a SS office - - the waiting room will be filled with 40% older white people and 50% black men in their late twenties...
This is more like 40 ObamaPhones and a EBT card-filled shopping cart.
How much SS would one get who only worked 2 1/2 years?
.
after obammy and holder, at this point I really do not give a damn what happens to American blacks.
I simply look at them and think, “quota boy”.
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