Unemployment

With the African-American unemployment rate firmly in the double digits, the need for relief has taken on new urgency this campaign season. The American Jobs Act was an attempt to turn the tide but stalemates in Congress have resulted in a series of smaller bills aimed at spurring infrastructure construction, extending payroll tax cuts/unemployment benefits, and hiring more teachers, police, firemen and municipal employees. Republicans want to repeal restrictions on business, arguing that regulations kill job growth. 

Unemployment

Candidates on Unemployment

President Obama inherited an economy that was losing 700,000 jobs per month. His American Recovery and Reinvestment Act cut taxes for small businesses and working families. Though nearly four million private-sector jobs have been added, the Black unemployment rate remains in the double digits, higher than the overall rate. 

Mitt Romney’s jobs plan includes 95 separate proposals which would reduce the overall unemployment rate to 5.9 percent and create 11.5 million jobs over the course of his first term.