Wednesday, May 13, 2015

Black Unemployment Rate Hits Seven Year Low

The unemployment rate for black Americans fell below 10 percent in April, for the first time since the economic downfall in 2008.

During the recession, black unemployment had peaked at 16.8 percent in March 2010, while unemployment for whites was almost half that rate. This past April, the unemployment rate for African Americans dipped into the single digits category at 9.6 percent. While the latest data shows signs of improvement, it’s clear that an employment gap still exist between races. Despite the national unemployment rate falling to 5.4 percent, blacks in states like Illinois, Michigan, California and Pennsylvania face unemployment rates above 12 percent.

Read more: Black Unemployment Rate Hits Seven Year Low

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