Black Unemployment Rate Hits Historic Low

In the month of December, the unemployment rate for black Americans dropped to just 6.8 percent, which is the lowest ever recorded. Prior to this month, the previous record was 7.4 percent in 2000.
The government has been tracking unemployment by race for 45 years, since 1972.

The Hispanic unemployment rate remains at a near record low of just 4.9 percent, up just a bit from the record of 4.7 percent in November of last year.

White unemployment sits at 3.7 percent, while only 2.5 percent of Asians are unemployed . . .

The number of jobs created in December was 148,000, which is lower than expected. Jobs are the lagging indicator in any economy, so with all the other numbers moving up, hopefully job creation will soon follow. (Read more from “Black Unemployment Rate Hits Historic Low” HERE)

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