Economy

The unemployment rate among Black workers increased in June

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The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to the latest nonfarm payrolls report.

Overall, the unemployment rate last month was 3.6%, a 0.1 percentage point decrease from May, the U.S. Department of Labor reported Friday. However, Black workers saw their unemployment rate rise to 6% in June from 5.6% in May, making it the second consecutive monthly increase.

Within that demographic, unemployment among women ticked higher to 5.4% in June from 5.3% in the prior month. Meanwhile, it grew to 5.9% in June, up from 5.6% in May, for men. The labor force participation rate for Black men…



Source cnbc.com

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