The unemployment rate for Black Americans slid in April, bucking the trend for other demographic groups.
The unemployment rate fell for both male and female Black Americans in April, going against the broader trend.Elise Gould, senior economist at the Economic Policy Institute, noted that the employment rate rose for "prime age workers" last month.Michael Siluk | Getty Images
White Americans saw their unemployment rate edge fractionally higher to 3.5% from 3.4%. The jobless rate for Asian and Hispanic workers, respectively, rose to 2.8% from 2.5%, and to 4.8% from 4.5%. "Luckily, for many reasons, that came down. I think that speaks to last month really just being a statistical blip that happens because of small sample sizes, and having that come down now for April is very promising," said Elise Gould, senior economist at the Economic Policy Institute. "And you're seeing that happen for black men and black women alike."
U.S. Economy Jobs Politics Economy United States Personnel Social Issues Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest ratesFewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it
Read more »
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest ratesFewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it. The Labor Department reported Thursday that filings for unemployment claims for the week ending April 6 fell by 11,000 to 211,000 from the previous week’s 222,000.
Read more »
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest ratesFewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it.
Read more »
Number of Americans applying for jobless claims remains historically lowThe number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
Read more »
Number of Americans applying for jobless claims remains historically lowThe number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation.
Read more »
Number of Americans applying for jobless claims remains historically lowThe number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation.
Read more »