Blacks vs. white unemployment rates

The data indicates that unemployment rate among the black is higher than their white counterparts across all ages. The highest rate of unemployment is indicated among the young people for all the ages but among this population the blacks forms the largest part of the population. As such the rate of young and black individuals is almost twice the rate of unemployment among the young white people which shows the high rate of discrepancies.  These kinds of discrepancies can be observed across all the individuals of working age group, so that even the black people have their unemployment rate being even higher than the Hispanic or Latino people.

The kind of employment discrepancies indicated in the above data can be an indicator of various issues affecting the labor market, in regard to the black community and the white community in the market. These could include differences in industrial distribution of white and black workers to the skill gaps existing between them.  The main empirical regularities indicated by the presented data cannot be attributed to existing race discrimination models across the labor markets but some other far reaching factors influencing the employability of individual persons.   High rates of unemployment among a certain group can be attributed to lack of skills due to low levels of education or lack of equality in regard to distribution of resources (Baumol & Blinder, 108). Another explanation is poor performance in the economy which does not favor the black community so that the black people are the last to be employed while the economy is doing fine and the first to be released in a poor economy.

Works cited

Baumol, William & Blinder,Allan. Macroeconomics:  Principles and Policy. New York NY:  Cengage Publishing.13 Ed. 2015.  107-110