Close Business News: Unemployment rate for Black Americans down Business News Jeremy Kyle , KYTX 6:32 AM. CDT August 05, 2013 CONNECT TWEET LINKEDIN GOOGLE+ PINTEREST (CNN) - In Business News, the unemployment rate for Black Americans is at its lowest level since 2008. The nation's latest jobs report shows about 12.6 percent of Black Americans are unemployed. That's down from a high of 16.5 percent in August of 2011. The current unemployment rate for Blacks is still considerably higher than the the overall population. Thanks to an improving economy with a fair amount of new jobs. (CBS) - A record number of young adults are living with mom and dad. A new Pew research study finds that 36 percent of people aged 18 to 31 are living at home with their parents. That's the highest percentage in four decades. Men are more likely to live with their parents than women 40 percent to 32 percent. Financial planners say parents with adult kids still living at home should charge them some rent and make them do chores. (CBS) - Microsoft Co-founder Paul Allen and his band, The Underthinkers, will release their debut album this week. It's entitled "Everywhere At Once". All proceeds will be donated to educational programs. The programs include teen artist workshops, and a music therapy camp for children with autism and developmental disabilities. CONNECT TWEET LINKEDIN GOOGLE+ PINTEREST JOIN THE CONVERSATION To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Leave a Comment TRENDING VIDEOS ETX photographer talks about her viral boudoir photos Atwood's robbery Crosby-Lebus worker strike Las Vegas/Mandalay Bay shooting - What we know Teacher accused of assault 84-year-old post office worker retires 11 new features in IOS 11 SPCA Dogtoberfest East Texan nearly caught in Vegas shooting Under The Lights Week 5 (Sept. 29) More Stories Longview and Lufkin Fire Departments make friendly bet Dec 15, 2017, 9:37 a.m. Tyler police participate in Selective Traffic… Dec 15, 2017, 9:19 a.m. Early morning fire damages Kilgore home Dec 15, 2017, 7:51 a.m.