The sequester’s automatic, across-the-board federal spending cuts that took effect on March 1 may have some people more worried about job losses yet to come, but for now little has changed for African-Americans.
The Black unemployment rate for February was 13.8 percent, unchanged from January, according to figures released Friday morning by the Labor Department. The overall unemployment rate fell to 7.7 percent from 7.9 percent, the lowest in four years. In addition, the economy added 236,000 jobs. (BET)