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)
Easy Related Posts
It’s the Inequality, Stupid
President Barack Obama said last December that inequality is “the defining challenge of our time.” ...read more
Black Wealth On TV: Realities Don’t Match Perceptions
Raised by a single mother in South Central Los Angeles in the 1990s, I didn’t ...read more
Blacks should demand respect with our wallets
Give Bruce Levenson, co-owner of the Atlanta Hawks, credit: he gets it, sort of. Earlier this ...read more
The Economic Recovery in Black, White, and Brown
As I recently observed, reading recent financial reports could reasonably lead you to believe that ...read more