Black Unemployment Rate Continues to Rise Even as Numbers Fall for Other Ethnic Groups

The headline unemployment rate in the United States fell to 3.9% in December, but not all demographic groups are seeing the decline.

The Bureau of Labor Statistics on Friday reported that the Black unemployment rate rose month-over-month, from 6.5% to 7.1%. No other racial or ethnic group measured by the BLS saw unemployment rates increase in December.

The statistic raises concerns that the recovery may not be hitting all groups equally, despite the positive aggregate numbers.

“The report, in terms of jobs, continues to show an economy that is recovering. We still have a ways to go,” said Bill Rodgers, director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis.

The increase in Black unemployment appears to be concentrated among Black women, where the unemployment rate jumped from 4.9% to 6.2%.

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SOURCE: Yahoo News

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