BET reports that a close adviser to President Obama believes the administration is cautiously optimistic, despite the decline in black unemployment. Valerie Jarrett, who was interviewed by BET.com, said “the administration is undertaking a wide and varied approach to lowering the high unemployment rate in the African-American community.”
But she added that it will continue to take time for the president’s initiatives to take hold.
“We’re heartened to see that Black unemployment did come down,” Jarrett said. “That’s a very important step in the right direction. But the president has a range of initiatives to ensure that we can tackle what has been a historical problem. It isn’t something that was created as a result of the last economic crisis. It was exacerbated by it. But it’s been a challenge for a long time.”
Last week, the United States Labor Department reported that the Black unemployment rate dropped from 15.8 to 13.6 percent, the lowest unemployment rate for African-Americans…
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