Black Workers, Business, Economics, Jobs, Men, News

Businesses add 142,000 jobs in September, and black jobless rate declines

print
Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.

 

The nation’s nonfarm businesses added 142,000 jobs in September, but the Economic Policy Institute, a non-partisan think tank based in Washington, D.C., called the report disappointing.

“September’s numbers bring average monthly job creation to 198,000 in 2015, a rate slower than 2014,” EPI reported. “Hope for upward revisions to the low August numbers were revised downward by a combined 59,000 fewer jobs.”

During September, the unemployment rate for black men 20 years old and older dropped to 8.9% compared to 9.2% in August, the U.S. Bureau of Labor Statistics reported Friday.

The jobless rate for black women 20 years old and older was 8.0% in September, down from 8.1% in August. The overall black unemployment rate was 9.2% in September, down from 9.5% in August, BLS reported.

The jobless rate for black men and black women remains much higher than that of other ethnic and racial groups. The jobless rate for Asians was 3.6% and 4.1% for white men 20 and older. For white women 20 and older, it was 3.9%.

The jobless rate for Hispanic men 20 and older was 5.5% and for Hispanic women, it was 6.3%.

The Economic Policy Institute noted that the civilian labor-force participation declined last month. There were 635,000 discouraged workers last month. Discouraged workers are people who have given up looking for a job.

The unemployment rate remained a 5.1%.

 

Return to the homepage and video channel at www.northstarnewstoday.com or just click here to see the complete issue and video channel.

 

Leave a Comment

Your email address will not be published. Required fields are marked *

*

Follow our videos