While Manhattan salaries surged this year, up 12% because of Wall Street’s recovery, young black males continue to bear the burden of the economic crisis that ensued in 2008. A new report by the Community Service Society (CSS) indicates that only one in four young black men between the ages of 16 and 24 in New York City is employed. The group tied the shockingly low employment rate to the effects of the economic crisis, which rendered already inferior jobs training and alternative education structures even more ineffective. | Dissident Voice
Saturday, December 25, 2010
Young Black Males Bear Brunt of Economic Crisis | Dissident Voice
by Billy Wharton
While Manhattan salaries surged this year, up 12% because of Wall Street’s recovery, young black males continue to bear the burden of the economic crisis that ensued in 2008. A new report by the Community Service Society (CSS) indicates that only one in four young black men between the ages of 16 and 24 in New York City is employed. The group tied the shockingly low employment rate to the effects of the economic crisis, which rendered already inferior jobs training and alternative education structures even more ineffective. | Dissident Voice
While Manhattan salaries surged this year, up 12% because of Wall Street’s recovery, young black males continue to bear the burden of the economic crisis that ensued in 2008. A new report by the Community Service Society (CSS) indicates that only one in four young black men between the ages of 16 and 24 in New York City is employed. The group tied the shockingly low employment rate to the effects of the economic crisis, which rendered already inferior jobs training and alternative education structures even more ineffective. | Dissident Voice
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