Posts Tagged ‘minorities’

Does Obama have your Back? Black unemployment 14.4%, Hispanic and Latino 11.0%

Today's dismal Job growth and unemployment rate figures show that the Obama economy is hurting those more who he campaigned for the most.  The President continues to say that the policies of the past don't work, But the Obama policies are clear - Minorities were better off Under Bush. "The slow pace of jobs growth underscores the weakening economic growth momentum and reinforces the perception that the economy has remain mired in another soft patch," Millan says. "With the labor market recovery appearing to be stalled, the case for further policy accommodation will likely be strengthened, particularly given the benign inflationary background." The report comes in sharp contrast to private payrolls data out of ADP just a day earlier that showed the economy expanded by 179,000 [...]