Blackonomics…Blacks have become obsolete

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(NNPA)—A series of recent reports cite the drastic lack of economic progress for Black people in general and Black men in particular. Freddie Allen, NNPA Washington Correspondent, wrote “Black men are no better off than they were more than 40 years ago, due to mass incarceration and job losses suffered during the Great Recession, according to a new report by researchers at the University of Chicago.”

Sidney Dinan, writer for the Washington Times, in an article titled, “All of the net jobs gained in the U.S. since 2000 have gone to immigrants,” stated, “Nearly 6 million more people are working in the U.S. now than in 2000, but the number of native-born Americans holding jobs has declined slightly, from 114.8 million to 114.7 million, according to census figures…Instead, all of that job growth—a total of 5.7 million—has gone to immigrants.”

A third example is an article titled, “Economic justice eludes Black Americans 50 years after MLK’s ‘dream,” written by Gerald Britt. It disclosed, “The average unemployment rate during recession years over the past 50 years has been 6.7 percent. Yet for African-Americans during that time, the average has been 11.6 percent while for Whites the rate has been 5.1 percent, at times falling as low as 3.1 percent. Only in 1969 did Black unemployment dip below the national recession average to 6.4 percent. The report’s conclusion: Over the last 50 years, the Black unemployment rate has been at a level typical for a recession or higher.”

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