spot_imgspot_img

Black Unemployment on the Rise as Overall Economy Adds Jobs

spot_img

(AURN News) – In a mixed economic report, the latest data from the Department of Labor reveals that while the country’s overall unemployment rate remains low at 3.8 percent, Black Americans are not sharing equally in the gains.

The economy added 303,000 jobs in March, with the biggest increases coming in the healthcare, government, and construction sectors. However, Black Americans were the only racial group to see an uptick in unemployment during this period.

According to the Bureau of Labor Statistics, the unemployment rate for Black Americans rose, even as the rates for Asian and Hispanic Americans declined to 2.5 percent and 4.5 percent respectively. The unemployment rate for White Americans remained unchanged at 3.4 percent.

The healthcare sector saw a notable increase of 72,000 jobs, while government added 71,000 positions and construction gained 39,000 new jobs. The report also showed an increase in average hourly wages, which rose to $34.69, or more than $72,000 a year.


Click play to listen to the AURN News report from Jamie Jackson:

The post Black Unemployment on the Rise as Overall Economy Adds Jobs appeared first on American Urban Radio Networks.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Texas to accept water from Mexico but demands it follow terms of treaty

(The Center Square) – After an agreement was reached...

Electric vehicle industry at crossroads, not a dead end

(The Center Square) – Momentum is with the emerging...

Locked-In Pt. 2: The Unexpected Consequences Of Cheating Death

After months of doctors mistakenly believing Jacob Haendel was...

Spokane Valley approves 2025 budget with spending exceeding revenues by $1.1M

(The Center Square) – The Spokane Valley City Council...

Proposed Seattle capital gains tax fails to pass, but may come back next year

(The Center Square) – The Seattle City Council has...

IL legislators adjourn veto session as some warn about ‘risky lame duck’

(The Center Square) – Illinois legislators are done for...

DOJ suspends DEA searches at airports over civil rights concerns

The U.S. Department of Justice told the Drug Enforcement...

More like this
Related

Texas to accept water from Mexico but demands it follow terms of treaty

(The Center Square) – After an agreement was reached...

Electric vehicle industry at crossroads, not a dead end

(The Center Square) – Momentum is with the emerging...

Locked-In Pt. 2: The Unexpected Consequences Of Cheating Death

After months of doctors mistakenly believing Jacob Haendel was...

Spokane Valley approves 2025 budget with spending exceeding revenues by $1.1M

(The Center Square) – The Spokane Valley City Council...