Saturday, December 21, 2024
12/21/2024

Higher Black Unemployment Distorts Rosy Picture of Job Recovery

(CBM) – Officials in Sacramento and Washington frequently point to the low unemployment rate in the state and around the country as proof that the U.S. economy has recovered from the downturn experienced during the global COVID-19 crisis.

But the total unemployment rate for Black Californians seems stuck at almost three times higher than the national rate – despite steady increases in overall hiring of African Americans in the state.

A sharp drop in the national unemployment rate for all Americans – down to 3.6 % in February — brings the number of people without jobs across the United States to just one tenth of a point above the pre-pandemic level of 3.5% (February 2020), according to data compiled by the Bureau of Labor Statistics at the U.S. Department of Labor.

In February alone, the U.S. economy added a remarkable 431,000 jobs, bringing the number of jobs created since 2021 to 7.9 million.
skills training and support services by USDA Photo By Lance Cheung is licensed under Public Domain
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