Digging through the demographic data in the latest job numbers, one of the clear winners of the last few months has been black women. Since December, they’ve knocked more than 3 percentage points off their unemployment rate, from 13.9 percent to 10.8 percent. That’s the biggest drop over the last five months for any single demographic group broken out by race, sex, and age by the Bureau of Labor Statistics.
Education, health care, and retail appear to be factors. All three sectors were among those that posted the largest job gains last month.
Unemployment among black men dropped from 15.7 percent in December to 13.6 percent in April. For white women, the rate has essentially remained unchanged at 6.8 percent, which is the same rate as white men. Total white unemployment remains well below total black unemployment, though the gap has narrowed over the past year. (Bloomberg Businessweek)