We all know this stuff – it’s good to be white, a college graduate, and over 25 – but as this graph shows it’s more than just small statistical differences.
Compare white college grads with blacks who haven’t finished high school, just to get the flavor of the unemployment differences.
A number of friends are looking for jobs at the moment or are underemployed. They would clearly fit into the “white, over 45, college educated” level. Is it possible that the unemployment rate for these people is only 4.1%, when I am aware of so many?
Is it possible then that black men, 15-24, without a high school education (48% unemployment) might know few peers who had a job at all, let alone a good one?