Saturday, September 5, 2009

August Unemployment Rate

Unemployment rate rises to 9.7%; Black Unemployment rate rises to 15.1%

On September 4th, the Bureau of Labor Statistics released it's data for August. The unemployment rate, which rose to 9.7%, was the highest in 26 years. The rate was 10.1% in June 1983(26 years ago). The Black Unemployment rate rose to 15.1% from 14.5%.

National Unemployment Rate

Black Unemployment Rate

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