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But the recovery for Black Americans has lagged over the past two years. As of December 2021, the Black unemployment rate stood at 7.1%, still well away from pre-pandemic levels.
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
In 2019, Black unemployment fell to 5.9 percent, a historic low. That same year, the poverty rate for all Americans plummeted to 10.5 percent, the lowest since 1959.
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 ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
In 2016, the unemployment rate was 3.8% for Asians, 4.6% for non-Hispanic whites, 6.1% for Hispanics, and 9.0% for Blacks, all over the age of 16. [7] In terms of unemployment, it can be seen that there are two-tiers: relatively low unemployment for Asians and whites, relatively high unemployment for Hispanics and Blacks.
The increase in Black unemployment appears to be concentrated among Black women, where the unemployment rate jumped from 4.9% to 6.2%. An increasing unemployment rate could be due to a number of ...
From 1968-1979, the black-white wage gap decreased by an average of 1.2 percent each year. During the 1980s, it increased an average of .24 percent each year, and in the 1990s, it decreased an average of .59 percent each year. [15] This proportional decrease was also accompanied by a decrease in the absolute difference of black and white wages ...