Unemployment
Black workers are squeezed at the bottom and limited at the top This post was exported to BlackEconomics.com on November 19th 2024 Summary When I grew up, I heard of the Sacred Seven: seven occupations where Black people could do well during Jim Crow segregation. The seven are: Doctor, Dentist, Lawyer, Preacher, Teacher, Mortician … Read more
Headline Numbers The Black unemployment rate was reported at 6.4% in March, an increase of 14% over the February figure of 5.6%, however, the change may be random. The average rate over the past 24 months has been 5.6%. There are 204,000 less Black people working in March than in February. The Black labor force … Read more
Unemployment Rate for Black Women Increases to 6.2% The National Black unemployment rate was 7.1%; the National unemployment rate stood at 3.9%; and non-Farm Payrolls rose by 199,000. Average wages rose 4.5% on an annual basis in December. The Black Unemployment Rate The Black unemployment rate jumped from 6.5% to 7.1% during December, the only … Read more