Friday, February 22, 2013

Raise the minimum wage—put more young and low skill people out of work

or back here?

January 2013 Bureau of Labor Statistics:   “Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.3 percent), teenagers (23.4 percent), whites (7.0 percent), blacks (13.8 percent), and Hispanics (9.7 percent) showed little or no change in January. The jobless rate for Asians was 6.5 percent (not seasonally adjusted), little changed from a year earlier. . . In January 2012, the unemployment rate for Blacks was 13.6 percent; down 3.1 percentage points from the peak of 16.7 percent in August 2011.

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1 comment:

Anonymous said...

Murray sez:
The way our government manipulates numbers it's hard telling what the real unemployment numbers are. Look what they do to the inflation numbers. Numbers are Obama's friend. He spews numbers all over the place. Trouble is, they don't add up but then he never has to explain them.