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Joblessness Drops

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Black unemployment rate is still much higher than that other racial and ethnic groups

The black unemployment rate dropped to 9.5% in June, down from 10.2% in May, the U.S. Bureau of Labor Statistics reported today, July 2. BLS reported, however, the labor force declined by 432,000 in June, following a drop of a similar magnitude in May.

In June, 1.9 million persons were marginally attached to the labor force, little changed from a year earlier. They were not counted as unemployed because they had not searched for the work in the four weeks preceding the survey.

Non-farm businesses added 223,000 jobs in June, and the overall unemployment rate declined to 5.3%. BLS reported job gains in professional business services, health care, retail trade, financial activities and in transportation and warehousing.

The growth in jobs led to a decline in the jobless rate for black men 20 years old and older to 9.5% in June, down from 10.2% in May.

There was also a drop in the jobless rate for black women. It was 7.9% in June compared to 8.8% in May.

Although the unemployment rate for African Americans improved, it still remains much higher compared to other racial and ethnic groups.

Asians reported a 3.8% jobless rate in June, and Hispanics reported an unemployment rate of 6.6% last month. The jobless rate for whites was 4.6% in June compared to 4.7 % in May.

Unemployment rates by race in June 2015
Unemployment rates by race in June 2015

 

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