Black unemployment hits all-time low - News Summed Up

Black unemployment hits all-time low


Black unemployment peaked at 16.8% in March 2010, well above the peaks for other demographics. Despite significant progress, unemployment for black Americans today is still far higher than other groups. White unemployment was 3.7% in December; Asian unemployment was 2.5%; Hispanic joblessness was 4.9%. Still, about 1.2 million white Americans got hired last year, more than double the gains for black Americans. Median weekly earnings for black Americans last fall were $696 compared to $887 for whites and $1,010 for Asian Americans.


Source: CNN January 05, 2018 15:56 UTC



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