The overall unemployment rate dropped in February as the nation’s businesses added 295,000 new jobs, but African-Americans did not benefit as much as other ethnic and racial groups.
The U.S. Bureau of Labor Statistics reported that the seasonally adjusted unemployment rate for African Americans was 10.3% in January compared to 10.4% in February.The jobless rate for African-American men 20 years old and older was 10.4% in February compared to 10.6% in January.The jobless rate for African-American women 20 years old and older was 8.9% in February, up from 8.7 percent in January.
Although the jobless rate for African Americans was mixed, it is still much higher compared to other racial and ethnic groups.The unemployment rate for whites was 4.7 %, down from 4.9% in January. The jobless rate in February for white men 20 years old and older was 4.5%, the same as in January. The jobless rate for white women 20 years older in February was 4.2 %, down from 4.4% in January.
The Hispanic jobless rate in February was 6.6%, down from 6.7% in January. Hispanic men 20 years old and older reported a February unemployment rate of 6.6%, down from 6.7% in January. For Latino women 20 years old and older, the jobless rate in February was 6.1% compared to 6.2% in January.
The seasonally adjusted unemployment rate in February for Asians 4.0%, the same as it was in January.
BLS reported that job gains occurred in food services and drinking establishments, professional and business services, construction, health care, transportation and mining.
The overall unemployment rate was 5.5% and the number of unemployed edged down to 8.7 million.