Sunday, May 23, 2010

Unemployment

High Unemployment
This recession has been a depression for the blacks of America. With a unemployment rate of 17% almost double that of the nationals average10%.
It has also been determined that those in the age group of 45 & over has been affected the most & in the worst way. Those in this age group is being fired from their jobs, & will not be able to return to them even when this recession is over.
The bright side of this is, those who are 45 & ov are switching to new professions, & are learning new trades.
To sum this up. when America is in a recession, balcks are in a depression. When America is in prosperous times, Blacks are in a recession. So you can only imagine what state the blacks are when in when America is in a depression.
How has this recession effected you? What transitions had you had to make?
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