U.S. Unemployment Rate for Black Women Drops to Single Digits3/14/2014
According to the latest reports from the Labor Department, Black women are fairing particularly wel...
According to the latest reports from the Labor Department, Black women are fairing particularly well in the improving economy.
The NNPA reports:
During another slow month of economic recovery, the unemployment rate for Black women 20 years and older fell to 9.9 percent in February, the lowest rate for that group in five years, according to the Labor Department.
Meanwhile, Black men and Black teenagers continue to lag behind other major worker groups.
In March 2009, the unemployment rate for Black men 20 years and over was 15.4 percent. According to the latest jobs report, the jobless rate for Black men is 12.9 percent, the same rate recorded in February 2013.
The unemployment rate for White men 20 years and older was 6.3 percent a year ago and now it is down to 5.5 percent. The unemployment rate for White women was 6 percent in February 2013 and has declined to 5.1 percent in February 2014.
The economy added 175,000 jobs in February and the jobs numbers for December and January were revised up for a net gain of 25,000 jobs.
The unemployment rate ticked up a little to 6.7 percent, most likely because some workers became more optimistic about finding a job and re-entered the labor force, said Bernard Anderson, an economist and professor emeritus at the Wharton School at the University of Pennsylvania in Philadelphia.
Kimberly Foster is the founder and editor of For Harriet. Email or Follow @KimberlyNFoster