The jobless rate for African Americans in the United States maintained its steady slide to new historic levels.The Bureau of Labor Statistics revealed that the unemployment rate for African Americans dropped below 5% for the first time in US history.
On Friday morning, the Bureau of Labor Statistics revealed that the unemployment rate for African Americans dropped below 5% for the first time in US history.Sign up for our acclaimed free newsletter Editorially Black with the top Racial Equity stories of the day to your inbox!
The employment report for April showed that the unemployment rate for Black people in the United States declined by three-tenths of a percentage point, a drop that cannot be considered negligible. The employment report for April showed that the unemployment rate for Black people in the United States decreased by three-tenths of a percentage point, which is not an insignificant drop. That represents a 4.7% decrease overall.After Black women reached a historic low in joblessness in March, their unemployment rate slightly increased, according to a jobs report.
Overall, the rate of joblessness in the United States has fallen to its lowest point in half a century, at 3.4%.Bharat Ramamurti, the deputy director of the White House National Economic Council, referred to it as “an incredible milestone.”Amsterdam News is renowned for its reporting of the news of the day from a Black perspective for 113 years.
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