(NNPA)—The June unemployment rate is down to 6.1 percent. Yet, for the vast majority of more than 45 million Black Americans, the persistent unemployment rate in our communities is still way too high. It was 10.7 percent in June, down from 11.5 percent in May 2014.
This is the lowest Black unemployment rate since September 2008. For Black women, the unemployment rate fell in June to a single digit at 9 percent. If these unemployment trends continue, poverty in Black America may decline.
The Black Press of America not only reports the news, but we are also responsible to share perspectives about how to further improve the economic condition of Black America. According to the U.S. Department of Labor, employers across the United States added 288,000 jobs last month. This figure was significantly higher than the 215,000 new jobs that leading economists had predicted.
An analysis of these latest labor statistics reveals that the “business sector” led as the largest growth creation over the past 30 days, with 67,000 jobs, compared to the retail and food services sector adding 40,000 and 33,000 jobs, respectively. Health care and manufacturing sectors added 21,000 and 16,000 jobs, respectively.