DCentric

There is some good news out today: the national unemployment rate dropped from 9 to 8.6 percent in November. But not all is well, as the unemployment rate remained relatively stable for blacks and Hispanics, while it dropped for whites. Also, the public sector posted government job losses; 5,000 postal workers lost their jobs in November, according to the U.S. Bureau of Labor Statistics. Such public sector losses may be disproportionately affecting African Americans, as they’re overrepresented in the government jobs.

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• Source: Nytimes
• Via: @dave_jamieson

American governments at all levels continued to bleed workers, for one. And the decline in the unemployment rate had a down side: It fell partly because more workers got jobs, but also because about 315,000 workers dropped out of the labor force. That left the share of Americans actively participating in the work force at a historically depressed 64 percent, down from 64.2 percent in October.

Read more at: www.nytimes.com

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