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As of December 2021, the Black unemployment rate stood at 7.1%, still well away from pre-pandemic levels. Meanwhile, white Americans enjoy a 3.2% unemployment rate, almost matching the rate pre ...
The White House press secretary also highlighted that since taking office in January 2021, the Black unemployment rate dropped from 9.2% to 5.9%. She explained, “2.3 million more Black Americans ...
The unemployment rate for Blacks increased by 0.7 percentage point to 9.9% in February, reversing two months of improvements and widening the gap between the white unemployment rate.
In 2021, the incoming Biden administration signaled a focus on the Black unemployment rate as a way to measure progress in the labor market. But one year later, the gap between Black and white job ...
And the share of Black people who were employed in August, known as the employment to population ratio, reached 56.2%, up from 54.7% in January. Black unemployment setback shows Fed's challenges ...
Attaining its goal of maximum employment has always been a tall order for the Federal Reserve but broadening the scope of that objective to one that is also "broad and inclusive" has made the task ...
Since coming into office in 2021, the Biden-Harris administration has invested billions toward stimulating the Black economy. The Freedman’s Bank […] The post Biden-Harris Treasury pursues ...
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