Black Americans Are Losing Jobs Faster Than Whites

7.2%

“Unemployment in the U.S. remains historically low at 4.2%. Yet Black workers are living in a different reality: Unemployment for Black Americans has surged to 7.2%, the highest level since October 2021, when the job market was still recovering from the pandemic,” the Wall Street Journal reports. “The drop in employment is a warning sign for the labor market and threatens to unravel employment gains made by Black workers during and after the pandemic.”

Black Unemployment Reached Highest Level in Nine Months

7.7%

The black unemployment rate, which President Trump claimed credit for reducing to a record low, jumped last month by the most in almost six years, Bloomberg reports: “The Labor Department’s monthly employment report released Friday showed that joblessness among black Americans rose to a nine-month high of 7.7 percent in January from 6.8 percent in December, which was the lowest in data back to 1972. The 0.9 percentage-point rise was the most since June 2012.”