BET Founder Robert Johnson on Black Unemployment

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The financial crisis has hit just about every corner of the economy but it has been disproportionately harmful to African-Americans. The unemployment rate among black Americans stands at 16 percent. That's nearly 7 percentage points higher than the unemployment rate of the population as a whole.

Robert Johnson has an idea to significantly reduce that number. Johnson is the founder of Black Entertainment Television. He was also the country's first black billionaire.