Trump said people of color ‘just set a record for new jobs.’ Data show the unemployment rate for Black Americans has barely changed in the last month

The monthly jobs report for July that the Bureau of Labor Statistics released Friday said the jobless rate for Black Americans “showed little change.” The Black unemployment rate decreased by less than 1% in the last month, from 15.4% in June to 14.6% in July.

For Asian and Hispanic Americans, the BLS noted declines in unemployment rates from June to July of 13.8% to 12% and 14.5% to 12.9%, respectively. Even with the decline, both populations have an unemployment rate that is higher than the overall US unemployment rate, which fell from 11.1% to 10.2% last month, whereas the white population’s unemployment rate falls below the overall number.

Meanwhile, white unemployment declined from 10.1% to 9.2% in the previous month. The gap between white and Black unemployment rates exceeds 5 percentage points — the widest racial disparity in employment recorded during the coronavirus pandemic recession to date.

Overall, the US added 1.8 million jobs in July, the third month of gains since the coronavirus pandemic sparked record payroll losses in April.

Article Appeared @https://news.yahoo.com/trump-said-people-color-just-004023589.html?.tsrc=daily_mail&uh_test=1_02

Leave a Reply

Your email address will not be published. Required fields are marked *