The Byproducts of the War on Iran
Iran’s control of the Strait of Hormuz affects not just oil and fertilizer, but also the many oil- and gas-based inputs essential to everyday goods.
The official seasonally adjusted unemployment rate for Black male workers over 20 years of age increased from 11.6% to 11.9% between October 2008 and November 2008, according to the latest Bureau of Labor Statistics data.
The official Black Youth unemployment rate for 16 to 19 year-olds remained at a Great Depression level of 32.3% in November 2008, while the official white youth unemployment rate for 16 to 19 year-olds also remained high at 18.4%.
At least 533,000 more jobs were eliminated by U.S. employers between October 2008 and November 2008, according to the Bureau of Labor Statistics' December 2008 report on the November unemployment situation for U.S. workers.
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