The End of the Recession?

How Blacks Might Fare in the Jobless Recovery

Recently, there have been seemingly contradictory announcements concerning the economy. In September another 95,000 jobs were shed as the unemployment rate remained at 9.6%. Unemployment has been at least 9.5% for well over a year now. About the same time it was announced that the recession, which began in December 2007, had actually ended in June of last year—thus we are several months into the second year of recovery. This brief provides some explanation and context in light of economy recovery amidst continued job losses and stubbornly high unemployment.