Economy

Black women gain ground in labor market but still face unique barriers

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An employee works at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022.

Bob Strong | Reuters

A decrease in the unemployment rate of Black women is heartening, but labor experts warn that the trend shouldn’t create any false notions about equity in the workforce.

The unemployment rate for the entire Black population has avoided ticking up since August, coming in at 5.4% in January, according to seasonally adjusted data released by the Bureau of Labor Statistics on Friday.

January’s drop in Black unemployment was propelled by gains made by Black women, whose unemployment rate excluding teenagers dropped to 4.7% in January from 5.5% in December. Black men, by comparison,…



Source cnbc.com

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