Unemployment In Black America Is Real…Folks Are Calling It “Great Depression” Instead Of Recession

- By Bossip Staff

This isht is getting way out of hand:

The unemployment situation across America is bad, no doubt. But for African-Americans in some cities, this is not the great recession. It’s the Great Depression. Take Charlotte, N.C., for example. It is a jewel of the “new South.” The largest financial center outside of New York City, it’s the showcase for next year’s Democratic National Convention. It was a land of hope and opportunity for many blacks with a four-year college degree or higher.

According to an analysis by the Economic Policy Institute, in Charlotte, N.C., the unemployment rate for African-Americans is 19.2 percent. If you add in people who have given up looking for jobs, that number exceeds 20 percent, which, according to economists Algernon Austin and William Darity, has effectively mired blacks in a depression. “You’re looking at a community that is economically depressed in my opinion,” Austin said. “And we need action that will address that scale of joblessness.”

There are jobs to be had in Charlotte. But African-Americans are not sharing in the recovery in the way others are. Devah Pager, a sociologist at Princeton University, conducted groundbreaking research in Wisconsin and found that black men were less likely to be called back on a job application than white men with a criminal record.

The statistics went like this:

Job call-backs:
White non-criminal: 34%
White criminal: 17%
Black non-criminal: 14%
Black criminal: 5%

According to Darity, “The differential in unemployment between blacks and non-blacks in the U.S. is perhaps one of the most dramatic indicators of discrimination in this society.” So – what to do about it?

The Congressional Black Caucus has been leaning on President Obama to address the epidemic of black unemployment on his watch. So far, the president has resisted the notion of job programs specifically targeting African-Americans. His position is that a rising tide will lift all boats. But the tide remains out as far as job creation goes.

The recession – or depression — in the black community is rapidly eroding the black middle class. At its convention in Boston this week, the National Urban League released a troubling report on that topic. It found that the recession has virtually wiped out all of the economic gains blacks made in the past 30 years.
And a new report from the Pew Research Center drives home just how bad things are out there.

It found that in 2005, the average net worth for white households was $134, 992. For black households, it was $12,124. (That’s not a typo.)

In 2009, the number dropped to $113,149 for whites and a paltry $5,700 for blacks.

Algernon Austin believes the government hasn’t taken the problem seriously enough. “It’s just one step below the scale of the Great Depression,” he said. “But we haven’t treated it as a crisis of that magnitude.”

$113,149 and $5,700???



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  • yep

    I’m in Charlotte and I can definitely say jobs are hard to find unless you work in a certain field. I have a job but every day there’s a story about how high the unemployment rate is. They were talking on the news the other day about how certain companies are only hiring people who are already employed, leaving a lot of unemployed people jobless. That’s ridiculous. I think the problem with Charlotte is the population is growing faster than the city. People come here thinking its some new undiscovered Paradise and its not. There is potential but Its just not here yet. Hopefully the convention will help but I doubt it.

  • Janay

    Agree that blacks need to invest in community more. But the discrimination against blacks looking for work is clearly a bigger issue now. Time for blacks to stand up because these are real life I

  • Jay

    Nothing to say here but we’ll see how this all plays out in time

  • Asia

    @janay i agree. Those statistics scream discrimination but also lack of investing back. Point blank it takes unity in small businesses to employ.

  • Mrs. Moore

    I do believe that the world is going through a recession. It’s not just hard on blacks, but its hard on everyone. Then when you turn on the tv and see how the government is wasting money on senseless things, we get angry. It’s bad when the economy is affecting our schools. We can get police officers brand new cars but we have to shut down three schools. Please someone explain to me what us the sense in that?? God blessed so that in return we bless others and people have forgot about all that. All we can do is to continue to pray and do whatever we can to help someone else.

  • Sherry

    Corporations are screwing all creeds and nationalities. I just saw a report where the Obama admin is trying to put into law stopping companies from denying people employment opportunities because they have gaps on resumes. Companies need a major overhaul of their hiring practices. HR recruiters and upper management need to be trained on providing better resources of hiring people. It’s many factors and it has to start with big businesses letting go of old standards of greed. This is not 1995, it’s 2011. And I don’t care if Cookie Monster was president, it’s up to these big old corporations to step in to help the people of this coun

  • Cici & Coco -The Besties

    Yes it def screams discrimination. I live in Nyc & everybody is scrambling to find work. It’s horrible really. Investing needs to be done & we all have to work together. It’s only hard on us. Dont forget the hispanics, indian & asian communities as well. It’s hard for everybody especially those with families. Those having children out of wed lock make it worse. & theyre trying to cut off benefits. Idk wat else to say but pray


    WAKE UP folks. IT SHAPING UP 7O THAT AFTER TUESDAY THERE WILL BE NO MORE MEDICAID, FOODSTAMP, MEDICARE AND SOCIAL SECURITY. It will all be destroyed in an economic collapse and America as we know it is no more. Its what tea party republicans and rich barons want.

  • Chris1761

    The ones saying that “this is like the great depression” clearly didn’t live through the first great depression.

  • Working black man

    theres jobs out there…ppl just arent willing to look outside of what they know. My company has atleast 500 jobs that need filled all around the country…. Republicairlines.com go to the employment section if ya need a job. Lots of places are hiring my ppl. Think of the products and services u use everyday those companies need ppl to work for them.

  • gina

    Stop whining and take your booty to Walmart and get a job so that you maintain your family. Illegal immigrants checks got my rent money on time every month. My “black” tenants told me they had to pay their car payment. Guess who got evicted yesterday….living in your car? Three months of none payments!

  • MesaiNY

    @workingblackman…thats a pretty judgmental view to have for a “black man”. I went to your site which had ridiculously few job openings & none in my area, NYC. you chose to totally ignore the facts in this article & blame the high unemployment on the people? SMH…i can tell what kind of “working black man” you are!

  • abcdefg

    Sherry I’m happy u mentioned that
    Can u believe that if u have gaps in ur resume u don’t get hire….although u may have experience

    @working Blackman
    U do have a point too…some people need to get in where they fit in…they think they are too good for certain jobs…

  • dayquan gibbs

    I blame the yt man for not giving me a job. I think this story is real racist. Why me and my niccas unemployed and them white niccas ain’t. Somebody got some explaining to do.

  • jerome davis


  • BlackAnastasia

    The answers to these questions are simple,Who’s doing the hiring on the jobs?Whites.And if you don’t look like them you don’t get hired plain and simple.It’s in the devils nature to discriminate against black to keep him down.My lovely Black people start your own business that way you won’t have the devil or being fired to worry about.

  • OVER!

    It is white republican execs that r laying off and getting rid of blacks in huge numbers. Some Dem whites and others too but not as much. This all by a coordinated effort.

  • http://gravatar.com/SteelCityChick SteelCityChick

    Sheet!…for those unemployed, ya’ll need to come to Pittsburgh! I’ve had three interviews with two offers in the last three weeks! I work in the healthcare industry, and it’s boomin!
    I’m not tryna make light of the unemployment situation, but times like this you have to change your career choices!

  • http://Bossip.com Nene87

    The best state to be in right now is Minnesota. Thats why Im going back. Im a young African American and I love it there they got lots of jobs good schools and social services.

  • http://Bossip.com Nene87

    I live in Chicago IL right now but plan on moving back to Minneapolis MN. Its cold in Minnesota but they help you out a lot.in Minnesota but they help you out a lot.

  • Working black man

    @mesainy I live in Ny as well…when u work for an airline u can live anywhere and fly to work for free as well as other flight benefits….like I said open your mind and read before u dismiss something.

  • gina

    Thanks! Could you please post that notice on the illegal immigrants website…..my midwest city has been invaded! THEY ARE RUDE AND THEIR CHILDREN ARE RUNNING THROUGH WALMART CALLING BLACK FOLKS “NINJAS”.

    Their radio station is bashing President Obama with falsehoods! Really WTF makes them think they are so special ….12 million illegals want the President to mock the law. They have proved they are not law abiding people, displayed unethical behavior and will do illegal things to get what they want in America.

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