Former White House Economic Advisor Cecilia Rouse On The Economy, New Jobs Report, Drop In Black Unemployment
Cecilia Rouse On The Economy, New Jobs Report, Drop In Black Unemployment
An eye-popping 257,000 private-sector jobs were added in January. The unemployment rate went down to 8.3 percent, down from 8.5 percent in December. The unemployment rate for African-Americans dropped to 13.6 percent, a drop of over 2 percent from December. The big drop may have more to do with a new computation on total Black population than an actually large reduction.
