U.S. Economy Created 379K Jobs, Mostly Service Sector, But Black Unemployment Still High At 9.9% And Rising

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By Dana Sanchez

A pedestrian wearing a protective mask passes shuttered storefronts as restrictions on operations are imposed due to a covid-19 infection rate increase, Oct. 15, 2020, in Far Rockaway, Queens, New York. (AP Photo/John Minchillo)

The U.S. unemployment rate has fallen for everyone except Black people, according to the first full monthly employment report under President Joe Biden.

Black unemployment rose to 9.9 percent in February, the highest among all race groups tracked, while the overall U.S. jobless rate fell to 6.2 percent, Bloomberg reported. White, Hispanic and Asian American workers saw declines, the Labor Department said Friday.

The U.S. economy added 379,000 jobs in February, showing signs of recovery, NBC reported.

“The elevated Black unemployment rate is a concern for the overall economy,” said Daniel Zhao, senior economist at Glassdoor, in a Wall Street Journal report. “Historically, we know Black workers tend to be the first fired and last hired.”

The economic gains don’t tell the story of people who have been unable to work because of health, child care obligations, and lost jobs in sectors devastated by the pandemic.

“The unemployment rate itself is a bad descriptor of the current labor Click here to read entire article

Source:: AFKINSIDER