Black Unemployment Rate Falls to All-time Low

Unemployment among black workers is at its lowest since at least the early 1970s, when the government began tracking the data.

The black unemployment rate of 6.8 percent in December was the lowest since the Bureau of Labor Statistics started tracking it in 1972, a year in which the rate ranged from 11.2 percent to 9.4 percent. In the 45 years the data has been tracked, the unemployment rate for black or African-American workers aged 16 years and older has never fallen below 7 percent.

Unemployment rate – Black or African-American – since 1972

Source: Bureau of Labor Statistics

Through last year, the black unemployment rate rose to 8 percent in March and fell back to 7 percent in September before falling again in December. The unemployment rate for white workers was 3.7 percent in December.

READ MORE HERE

About vivaliberty 1334 Articles
Life, Liberty and the pursuit of Happiness
Contact: Website

Be the first to comment

Leave a Reply

Your email address will not be published.


*