Friday, March 29, 2024

Black Unemployment is Down to Below 10 Percent

valerie wilson
Valerie Wilson, the director of the Program on Race, Ethnicity, and the Economy at the Economic Policy Institute (EPI)

*(Via Black Press USA) – The black unemployment rate fell to single digits (9.6 percent) in April, for the first time since President Barack Obama was elected in 2008.

Despite the improvement, the Black jobless rate is still double the unemployment rate of White workers, which has remained flat since February at 4.7 percent.

Valerie Wilson, the director of the Program on Race, Ethnicity, and the Economy at the Economic Policy Institute, a progressive think tank focused on low- and middle-income families, said that said that the gradual decline in the Black unemployment rate is the result of strong job growth over the past year.

As the economic recovery in the United States continued its slow, uneven climb in April there were still clear disparities, even among adult Black workers.

Wilson said that, since December, Black men have enjoyed most of the larger employment gains compared to Black women.

The unemployment rate for Black men over 20 years old was 11 percent in December 2014 and 9.2 percent in April 2015, while the unemployment rate for Black women increased 0.6 percent over the same period.

Get the rest of this NNPA story by Freddie Allen at Black Press USA.

We Publish News 24/7. Don’t Miss A Story. Click HERE to SUBSCRIBE to Our Newsletter Now!

YOU MAY LIKE

SEARCH

- Advertisement -

TRENDING