Black Unemployment Still Low at 7.7%

By Michael W. Chapman | February 2, 2018 | 9:29am EST
(YouTube)

(CNSNews.com) -- Although the black unemployment rate in December of 6.8% was the lowest ever recorded, based on Bureau of Labor Statistics (BLS) data, the black unemployment rate of 7.7% in January was still among some of the lowest rates moving downward since last April.

As the numbers show, the seasonally adjusted unemployment rate nationwide for black Americans, 16 years and over, was 7.7% in January 2018.

In April 2017 it was 7.9%; May, 7.6%; June, 7.1%; July, 7.4%; August, 7.6%; September, 7.0%; October, 7.3%; November, 7.2%; and December, 6.8%.

The national unemployment rate for all Americans nationwide in January 2018 was 4.1%, the same rate as it was in October, November and December 2017. Prior to that, the national unemployment rate was 4.1% in August 2000, nearly 18 years ago. 

(YouTube)

The identity group with the lowest unemployment rate, 3.0% in January 2018, was Asians, 16 years and over. 

The national unemplyment rate for Hispanics in January was 5.0%. 

 

 

 

CNSNews Reader,

The media are hard at work weaving a web of confusion, misinformation, and conspiracy surrounding the COVID-19 pandemic.

CNSNews covers the stories that the liberal media are afraid to touch. It drives the national debate through real, honest journalism—not by misrepresenting or ignoring the facts.

CNSNews has emerged as the conservative media’s lynchpin for original reporting, investigative reporting, and breaking news. We are part of the only organization purely dedicated to this critical mission and we need your help to fuel this fight.

Donate today to help CNSNews continue to report on topics that the liberal media refuse to touch. $25 a month goes a long way in the fight for a free and fair media.

And now, thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you can make up to a $300 gift to the 501(c)(3) non-profit organization of your choice and use it as a tax deduction on your 2020 taxes, even if you take the standard deduction on your returns.

— The CNSNews Team

DONATE

Connect

Sign up for our CNSNews Daily Newsletter to receive the latest news.