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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 ...
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 ...
When the peak pandemic period (April 2020 to October 2021) is excluded, Black unemployment averaged 5.86 percent under Biden and 6.65 percent under Trump. Black homeownership averaged 42.2 percent ...
The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That beat the Trump-era low that was a record at the time, 5.3% in August 2019 and ...
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The Biden White The post White House touts historic low Black unemployment rate appeared first on TheGrio. “It’s an incredible milestone,” Bharat Ramamurti, deputy director of the White ...
Even though the rate of job losses among the Black workforce increased overall, the unemployment rate for Black women rose The post Black unemployment spikes, and women bear the brunt appeared ...