Jobs, Factories, And Inequalities
In the Bureau of Labor Statistics’ Employment Situation for November, the official unemployment rate was 4.6%. That level is not particularly high by conventional standards. However, the rate has been creeping up. Furthermore, the National Jobs for All Network’s Full Count of this unemployment number, which includes more people who need and want jobs, is much, much higher at 10.9%.
Even the official numbers for specific categories, which are undercounts, are still quite high. The African-American rate was 6% not too long ago; in November it had risen to 8.3%.