Entrepreneurship On The Rise For Jobless Black Graduates

Lack of jobs has forced unemployed graduates to create their own companies

From The Huffington Post

While a degree certainly provides graduates with an edge in the job market, unemployment statistics have repeatedly shown that one’s race plays a role in securing employment.

As of March 2012, African American graduates encountered a rate of 10.8 percent, according to a report by the Economic Policy Institute. White graduates appeared to stand a greater chance at employment with an 8.7 percent rate.

The disparity found in the data points to larger issues of race, education, and social mobility in the United States. With last month’s black unemployment rate at 14.1 percent, almost double the national rate of 8.3 percent, and a continued bleak job market on the horizon, African American graduates might find solace looking towards themselves for employment.

Read more at The Huffington Post

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