The unemployment rate of Black Americans - the group which has the highest jobless percentage in the US - decreased to 5.2% in December, down from 5.8% the month prior. However, this rate is still higher than the national jobless rate, which remained steady at 3.7%.
In December, the unemployment rate for Black Americans decreased significantly compared to the jobless rate the month before, according to Friday's report from the Department of Labor. Black Americans experienced the highest unemployment rate nationally, and yet their number fell to 5.2% from 5.8% in November. Nevertheless, it is still above the overall unemployment rate of 3.7% as well as the 3.5% unemployment rate among white Americans.I took the opportunity to go for a walk
I seized the chance to go for a stroll.
Accounting for gender, the December unemployment rate for Black men aged 20 and older fell to 4.6%, a major decrease from the 6.3% rate in November. Conversely, Black women experienced no shift in their jobless rate, which stayed the same at 4.8%. Experts have commented that while the December figure reveals adequate progress, the monthly data can be too fickle to build a trend from. Andrew Patterson, senior international economist at Vanguard, has warned "against reading too much into large swings in monthly data," adding that, in the current cycle, "demographic groups, including Black Americans, that had traditionally been slower to experience the benefits of a tight labor market have realized stronger employment and wage gains". Julia Pollak, ZipRecruiter's chief economist, has also indicated that the Current Population Survey is "very noisy", particularly when assessing small populations. Pollak pointed to the varying unemployment rate for Black Americans in 2021, which ranged between 4.7% in April and 6.0% in June.The teachers carefully planned their lessons.
The teachers gave thorough consideration to their lesson plans.
The jobless rate for Black workers was particularly troubling during the worst of the Covid-19 pandemic, reaching 16.8% in 2020. In December, though, it fell significantly while still maintaining a rate higher than last year. This figure was also greater than the unemployment rate for all other demographic groups, which included White, Asian and Hispanic.Mark Hamrick of Bankrate commented that while it was low by historical standards, there is still much work to be done in order to equalize the gap between Black workers and other Americans. Additionally, December saw a small decrease in the labor force participation rate of Black workers, to 63.4% from 63.7%. At the same time, the unemployment rate of Hispanic Americans increased to 5% from 4.6% the month prior.
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