Saturday, January 11, 2014

African American unemployment drops to 11.9% in December

Unemployment rates fell for every major group of Americans last year, the unemployment rate in the United States also dropped to 6.7 percent, the lowest since 2008 - a hopeful sign for the economic recovery. Yet some groups are benefiting more than others. And in some cases, unemployment is falling for the wrong reason.

College graduates are in the best position to land a job since the 2008 financial crisis. About 1.2 million of them found jobs in 2013, accounting for more than half of

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