Black Americans made big strides in the Job market in 2015
WASHINGTON - Black Americans made big strides in the job market in 2015, achieving their lowest unemployment rate since before the recession.
The black unemployment rate fell to 8.3 percent in December, the best showing since an 8.0 percent reading in September 2007.
Despite the improvement, the unemployment gap by race remains stubbornly wide. The jobless rate for African-Americans is almost double that of whites and was stuck in double digits until mid-2015.
Other groups that made notable gains last year were workers in their early 20s, recent veterans and those without high school diplomas.
The data for various demographic groups came from a survey of households that is part of the Labor Department’s monthly jobs report.
In December, U.S. employers added a robust 292,000 jobs, bringing the year’s total job growth to 2.65 million. The unemployment rate held steady at 5 percent.
Latest Stories
- ON BLACK WOMEN’S EQUAL PAY DAY, BLACK WOMEN’S ROUNDTABLE RELEASES RESULTS OF 10TH ANNUAL POWER OF THE SISTER VOTE POLL
- Oh What Needless Pain We Bear…
- NABJ Announces Executive Director Search Committee and Launch of National Search Process
- CPA Endowment Fund of Illinois Awards Record Accounting Tuition Scholarships
- Culture In Motion™ Arrives in the Midwest, Celebrating the Communities Shaping Black Cultural Excellence
Latest Podcast
Sister Talk
