Black Unemployment Remains Highest as U.S. Adds Jobs in May

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A person waits in a line for a prospective employer at a job fair, Thursday, Aug. 29, 2024, in Sunrise, Fla. (AP Photo/Lynne Sladky, File)
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The national jobless rate remained unchanged at 4.2%, the same as in April. But racial disparities persisted. In May, Black unemployment stood at 6.0%, down slightly from 6.3% in April, yet still the highest among all tracked groups. Hispanic unemployment came in at 5.1%, while white and Asian workers saw rates of 3.8% and 3.6%, respectively.

The small dip in the Black unemployment rate may look encouraging at a glance, but it’s part of a larger pattern. Black workers have historically faced higher jobless rates, and that reality hasn’t shifted even as overall job growth continues.

Health care led job gains in May, adding 62,000 positions — well above the sector’s average monthly growth of 44,000 over the past year. Other parts of the were less robust. Federal government dropped by 22,000 last month and is down 59,000 since January.

also posted modest growth. Average hourly earnings rose 15 cents in May to $36.24, marking a 3.9% increase over the past 12 months. But many working families — especially those already facing employment barriers — may not feel that boost as rising living costs continue to squeeze household budgets.


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