Black Unemployment Rose in June

The Labor Department released its June jobs report today with news that the economy added 195,000 jobs last month, while the national unemployment rate held steady at 7.6 percent. The good news is that the numbers were higher than the 165,000 aย Bloomberg survey of economists had estimated. Suggested Reading Three Friends Were Headed To A…

The Labor Department released its June jobs report today with news that the economy added 195,000 jobs last month, while the national unemployment rate held steady at 7.6 percent. The good news is that the numbers were higher than the 165,000 aย Bloomberg survey of economists had estimated.

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Trump’s Tariffs Might Stick Around. What Should We Buy Now?
Trump’s Tariffs Might Stick Around. What Should We Buy Now?

But some of the report's numbers give pause: Even though the overall unemployment rate held steady, the overall jobless number for African Americans rose to 13.7 percent in June from 13.5 percent in May.ย 

Read the details of the Labor Department's jobs reportย here.

Read more atย BET.

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