The unemployment situation is hitting many minority groups hard.
The unemployment rate for Hispanics and African Americans is projected to rise in the third quarter to 13.9 and 17.2 percent, respectively, reports the Post's V. Dion Haynes. In fact, a recent study predicts that unemployment among African Americans may reach a 25-year high. The rising numbers can in part be explained by the fact that Hispanic and African American men have been disproportionately employed in sectors hardest hit in the recession -- manufacturing and construction.
The Congressional Black Caucus is urging the government to create training programs and jobs in low-income communities.
"It's like a triage in an emergency room-you take care of the people who need help first and you help the others later," said Kai Filion, research analyst at the Economic Policy Institute.
If the unemployment rate continues to skyrocket in the black community, we could see staggering poverty levels not seen in years. Clearly, we are still in the recession's aftermath.
Read more of Haynes' report here: U.S. unemployment rate for blacks projected to hit 25-year high (Jan. 15).
Want to Talk About Your Unemployment Situation?
If you've been unemployed for a while and have stopped looking for work because your prospects have been dim, Washington Post staff writer V. Dion Haynes wants to hear from you. Haynes is interested in talking with people who are looking for full-time work but have only been able to land part-time or temp jobs. Please contact him at 202-334-5107 or e-mail him at email@example.com.
Let's Talk Tomorrow
Please join me Friday, January 22 at noon ET when I host a live chat with Dr. Celeste Owens, a licensed psychologist, motivational speaker and a panelist for The Washington Post's On Success. You can read her most recent posts here.
Owens will be taking questions on how to make life changes and how to make good on the financial promises you've been making to yourself for years. If you are wondering how to get out of a financial rut, submit a question or the read the transcript.
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