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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (49363)	4/7/2006 2:49:03 PM
From: shades	Respond to of 116555

Perhaps he will have an army of unemployed youth to fight his holy war: msnbc.msn.com At a time when the U.S. economy is on the upswing and more people are finding work, young African American men are falling further behind... ....The percentage of young jobless black men continues to increase, part of a trend that generally hasn't abated in decades. In 2000, about 65 percent of black male high-school dropouts had no jobs, either because they couldn't find work or because they were in jail. By 2004, the studies found that number had grown to 72 percent. The numbers for young black men were higher than for whites and Hispanics similarly affected. ....“The worst employment problems are in the Northeast areas — Chicago, Detroit, Cleveland, the Rust Belt cities where a generation ago black men relied on heavy manufacturing. The fraction of black men in heavy manufacturing has dropped precipitously,” Holzer said. ....But for Holzer, the biggest problem is the large number of imprisoned men. “When you have a system where one-third of African American men are in the criminal justice system, you’re going to have problems.” mnftiu.cc