Forum IndexRegisterGamesSearchFAQBankMemberlistUsergroupsLog in
Black unemployment falls to second-lowest level

 
Reply to topic    Afrocentric Online Forum Index » Da Market Place View previous topic
View next topic

Black unemployment falls to second-lowest level
Author Message
shadow777



Joined15 Jul 2007
Posts4045
LocationThe Dark Shadows
Bank0
Bones25011.36 Bones

Post Black unemployment falls to second-lowest level Reply with quote
Black unemployment falls to second-lowest level on record in February

by Joseph Lawler | Mar 9, 2018, 8:52 AM

The unemployment rate for black Americans fell back down to an historic low in February, after spiking up in January.

Just 6.9 percent of black adults were unemployed in February, according to the Bureau of Labor Statistics, the second-lowest such ratio since the agency has been keeping track.

The low mark was set in December, at 6.8 percent. Then, the rate spiked to 7.7 percent, but that increase proved short-lived.

President Trump has touted the fact that black unemployment has dipped so low on his watch, including during his State of the Union address.

When the black jobless rate hit the record low in January, though, the NAACP gave credit to the long-running recovery that began under former President Barack Obama, rather than to Trump specifically, and noted that blacks still suffer much higher rates of unemployment than whites.

Nevertheless, the recovery has also shrunk the unemployment gap between black and white Americans.

Hispanic workers, too, are currently enjoying historically low rates of unemployment. At 4.9 percent in February, Hispanic unemployment is just a tenth of a percentage point above the historic low.
Sun Mar 11, 2018 11:13 pm View user's profile Find all posts by shadow777 Send private message Send e-mail
Display posts from previous:    

Reply to topic    Afrocentric Online Forum Index » Da Market Place All times are GMT + 1 Hour
Page 1 of 1

 
Jump to: 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group
Design by Freestyle XL / Flowers Online.