Black Employment Up In September 2012
BET | More people are working and that is reflected in the most recent unemployment numbers released by the Labor Department Friday morning. African-Americans had reason to cheer as their unemployment rate fell to 13.4 percent, down from 14.1 percent in August. Though still extremely high, African-American teen joblessness dropped slightly from 37.9 to 36.7 percent.
The national jobless rate declined to 7.8 percent from 8.1 the previous month.
The unemployment rate is at a 44-month low, and is now the same as when President Obama took office in 2009. This drop could give the president a boost after his disappointing debate performance against Mitt Romney.