Before Obama, the percentage of black adult men with a job had never dropped below 60 percent, according to Labor Department statistics.

By Zachary Roth at Yahoo News

EXCERPTS:

If the election of America’s first African-American president was expected to give blacks an economic boost, it hasn’t emerged yet. Indeed, the percentage of African-American men with a job has dropped to its lowest level since records began in 1972, according to the government’s monthly jobs report released last week.

And among blacks, it’s not just men who are suffering. Just 51.5 percent of African-Americans across the board–compared to 59.5 percent of whites–have a job, the numbers show. That’s the lowest level for blacks since 1984. (That group includes 16- to 19-year-olds, who are employed at a far lower rate than their elders.)

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