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Report: Black College Grads In D.C. Are Likelier To Be Unemployed Today Than Before The Recession
Black College Grads In D.C. Are Likelier To Be Unemployed Today Than Before The Recession, Report Finds
by Rachel Sadon in News on Mar 2, 2017 12:13 pm
One of the prevailing narratives in the wake of the presidential election is that the result can, in large part, be attributed to the white working class of middle America being left out of the economic recovery from the recession enjoyed by the coasts. Frequently left out of that story, though, is how wildly uneven those gains have been in many cities.
A new report from the D.C. Fiscal Policy Institute looked specifically at the District's unemployment rate, highlighting inequities that have been exacerbated amid the city's overall recovery. The city's unemployment level is still higher than it was pre-recession, when it stood at 5.6 percent, but it has made steady progress—falling from a peak of 9.3 percent in 2010 to 6.4 percent in the first 10 months of 2016.
Yet while college-educated residents are nearly at the same unemployment rate in 2016 (2.7 percent) as 2007 (2.5 percent), black college graduates and residents with a high school degree both still have higher unemployment rates today than they did before the recession hit.
[font size=1](Courtesy of DCFPI)[/font]
"Black people with a college degree are doing worse than white college grads—and worse than black college grads in 2007," says the report's author, Linnea Lassiter.
by Rachel Sadon in News on Mar 2, 2017 12:13 pm
One of the prevailing narratives in the wake of the presidential election is that the result can, in large part, be attributed to the white working class of middle America being left out of the economic recovery from the recession enjoyed by the coasts. Frequently left out of that story, though, is how wildly uneven those gains have been in many cities.
A new report from the D.C. Fiscal Policy Institute looked specifically at the District's unemployment rate, highlighting inequities that have been exacerbated amid the city's overall recovery. The city's unemployment level is still higher than it was pre-recession, when it stood at 5.6 percent, but it has made steady progress—falling from a peak of 9.3 percent in 2010 to 6.4 percent in the first 10 months of 2016.
Yet while college-educated residents are nearly at the same unemployment rate in 2016 (2.7 percent) as 2007 (2.5 percent), black college graduates and residents with a high school degree both still have higher unemployment rates today than they did before the recession hit.
[font size=1](Courtesy of DCFPI)[/font]
"Black people with a college degree are doing worse than white college grads—and worse than black college grads in 2007," says the report's author, Linnea Lassiter.