Economy

Jobless rates rise in April for all race groups except Black Americans

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A networking and hiring event for professionals of color in Minneapolis.

Michael Siluk | Getty Images

The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the Department of Labor.

Black Americans remain the racial group with the highest jobless percentage in the U.S., even after the group’s unemployment rate dipped to 5.6% last month from 6.4% in March. Still, that’s notable compared with the overall unemployment rate — which rose to 3.9% in April from 3.8% — and to the other racial demographics, which all saw their unemployment rates increase last month.

White Americans saw their unemployment rate edge fractionally…



Source cnbc.com

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