Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

7/4/2014 (2 years ago)

Catholic Online (www.catholic.org)

Black-white unemployment gap appears to have emerged in the 1940s

When African-Americans marched on Washington in 1963, it was under the banner of "Jobs and Freedom." There remains a great inequity with the former; the number of unemployed blacks in America remains twice as much as whites, and has remained that way for largely six decades, beginning in the 1940s. The reasons behind this unemployment disparity is complex.

The jobless rate among whites last month was 6.6 percent; among blacks, 12.6 percent. The unemployment rate for blacks has averaged about 2.2 times that for whites.

The jobless rate among whites last month was 6.6 percent; among blacks, 12.6 percent. The unemployment rate for blacks has averaged about 2.2 times that for whites.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

7/4/2014 (2 years ago)

Published in Business & Economics

Keywords: Unemployment, black Americans, white Americans, disparity


LOS ANGELES, CA (Catholic Online) - The earliest year for which the Bureau of Labor Statistics has consistent unemployment data by race, in 1954, the white rate averaged five percent and the black rate averaged 9.9 percent.

The jobless rate among whites last month was 6.6 percent; among blacks, 12.6 percent. The unemployment rate for blacks has averaged about 2.2 times that for whites.

Come look at our beautiful collection of rosaries -- by going here --

For the largest disparities among unemployed blacks and whites, in the late 1980s, black unemployment was as much as 2.77 times that of white unemployment. The manufacturing sectors that employed disproportionate shares of African-Americans at that time dried up.

Ironically, the smallest gap between black and white unemployment came in the summer of 2009 during the Great Recession. White unemployment at that time rose so high, so fast, that the black jobless rate was "only" 1.67 times higher.

This disparity appears to have emerged in the 1940s, according to a 1999 analysis of Census data. Although labor economists, sociologists and other researchers have offered many explanations for the persistent two-to-one gap, theirs is no consensus on causes. One 2011 working paper, after reviewing existing research on wage and unemployment differentials among blacks and whites, concluded that "none of the existing models of race discrimination in the labor market explains the major empirical regularities."

Blacks are "the last to be hired in a good economy, and when there's a downturn, they're the first to be released," William A. Darity Jr. of Duke University told Salon in 2011, is one common explanation.

Furthermore, a 2010 article testing that "last hired, first fired" hypothesis against panel data from the Current Population Survey (from which the unemployment rate is derived) found considerable support for the "first fired" part but not for the "last hired" part.

It was found that while blacks are in fact disproportionately likely to lose their jobs as the business cycle weakens, but the hiring side is more complex: "[E]arly in the business cycle, those blacks with a stronger attachment to the labor force (i.e., the unemployed) are the first hired. Blacks who are nonparticipants tend to be hired late in the business cycle when labor demand is particularly strong."

---


'Help give every student and teacher Free resources for a world-class moral Catholic education'


Copyright 2017 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for DECEMBER 2016
Universal:
End to Child-Soldiers: That the scandal of child-soldiers may be eliminated the world over.
Evangelization: Europe: That the peoples of Europe may rediscover the beauty, goodness, and truth of the Gospel which gives joy and hope to life.



Comments


More Business & Economics

Pope Francis' nightmare? World's richest 8 men own as much as 3.6 billion people Watch

Image of The richest one percent own what the world's poorest have COMBINED.

By Kenya Sinclair (CALIFORNIA NETWORK)

During an interview with Dutch newspaper Straatinieuws, Pope Francis explained: "I would like a world without the poor. We must fight for this. But I am a believer and I know that sin is always within us. And there is always human greed, the lack of solidarity, the ... continue reading


Is YOUR job in danger? Thousands of Americans to lose jobs as 218 iconic American brands collapse Watch

Image of Over 200 American brands are closing stores to keep their heads above water.

By Kenya Sinclair (CALIFORNIA NETWORK)

An iconic American brand with a century-long history is shutting down hundreds of stores in the face of bankruptcy. LOS ANGELES, CA (Catholic Online) - According to Business Insider, several Sears chains have been losing so much money that staff is starting to hand out ... continue reading


Yes, Millennials are lazy, but it's not their fault says one high-profile consultant Watch

Image of Simon Sinek says millennials are lazy, but it isn't their fault.

By David Drudge (CALIFORNIA NETWORK)

Yes, Millennials, you have a problem, but it's not your fault. This is the conclusion of Simon Sinek, the famous leadership consultant who is launching a tour around Australia and New Zealand. LOS ANGELES, CA (California Network) -- Millennials do have a problem, ... continue reading


Third of millennial adults still living with parents -- here's the reason why and what we had better do about it... soon Watch

Image of They can't change a tire, but they can protest like champs. It doesn't help we are paying them less for the same work as previous generations. Our debt is accruing interest, and they're losing interest in democracy.

By Marshall Connolly (CALIFORNIA NETWORK)

Adults are living at home with their parents in numbers not seen since the Great Depression. LOS ANGELES, CA (California Network) - If you're a millennial, you know how the dating scene works about 40 percent of the time: "Can I come over?""Sure, let me ask my ... continue reading


The genius secret why Trump is stacking his cabinet with pro-business staff Watch

Image of Our nation is about to be great once again.

By David Drudge (CALIFORNIA NETWORK)

Donald Trump is facing a lot of criticism over his cabinet choices. He has repeatedly appointed Washington D.C. outsiders to posts within his administration based on their business expertise. This has left politicians upset, leveling accusations that Trump does not ... continue reading


GOODBYE CASH! Some banks to go cashless Watch

Image of Citibank has said some branches may become cashless.

By Marshall Connolly (CALIFORNIA NETWORK)

Citibank has announced it will stop accepting cash at some branches. The move is sparking surprise and anger as the bank appears to be moving customers towards virtual banking. Around the world, there is a trend to suppress the use of cash in favor of electronically ... continue reading


Here's how Trump is already making America great again, just by getting elected Watch

Image of He hasn't even taken office and the country has reversed course.

By David Drudge (CALIFORNIA NETWORK)

He's only a president-elect, but Donald Trump is already making America great again. In the week since his election, several positive events have transpired including the dollar reaching a 14-year high. The contrasts with the media coverage which is all spin, intended ... continue reading


China remains a fast-growing trade monster Watch

Image of Chinese exports continue to dominate the world market.

By Marshall Connolly (CALIFORNIA NETWORK)

Chinese exports remain dominant in the world, bringing about $2.3 trillion into the country annually. LOS ANGELES, CA (California Network) - China remains a fast-growing trade monster, now raking in $2.3 trillion per year, up from $1.9 trillion four years earlier. The ... continue reading


Wages, jobs rise in October as recovery finally reaches the middle class Watch

Image of Wages are on the rise, but so too will be interest rates.

By Marshall Connolly (CALIFORNIA NETWORK)

Did you get a raise recently? If you haven't you might soon. According to payroll data, worker wages are finally starting to rise. The increase should boost the economy and spur the Federal Reserve to finally raise interest rates. LOS ANGELES, CA (California Network) - ... continue reading


Another warning. The world is about to run low on JOBS as automation takes over Watch

Image of What will we do in a world without work?

By Marshall Connolly (CALIFORNIA NETWORK)

More data and more warnings. The fourth industrial revolution has started. It will be jobless and many people will lose their employment, or be forced to compete for their jobs. The result is, you will probably be unemployed, or accept low wages to survive. LOS ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Subscribe to Catholic OnlineYouTube Channel

Daily Readings

Reading 1, Hebrews 9:2-3, 11-14
2 There was a tent which comprised two compartments: the first, in which ... Read More

Psalm, Psalms 47:2-3, 6-7, 8-9
2 For Yahweh, the Most High, is glorious, the great king over all the ... Read More

Gospel, Mark 3:20-21
20 He went home again, and once more such a crowd collected that they ... Read More

Saint of the Day

Saint of the Day for January 21st, 2017 Image

St. Agnes
January 21: St. Agnes of Rome was born in 291 AD and raised ... Read More