Unemployment Rate

Obama Was Right. It's the (Public Sector) Economy, Stupid

This weekend, President Obama took a beating for declaring the private sector “fine.” But he was correct. The real jobs crisis is in the public sector, and Obama’s the only one with a plan to fix it. Turns out, that’s also the only real plan to deal with black joblessness.

Reality Returns: Huge Black Job Gains Disappear in February Report

The sudden, sharp drop in black unemployment that set economists buzzing in January appears to have in fact been so much statistical noise. The [February 2012 job numbers](http://www.bls.gov/news.release/empsit.t02.htm) are out and black unemployment went right back up, to 14.1 percent (roughly double that of white unemployment, a disparity that has held for decades).