Why rising Black unemployment is a warning sign for America’s economy
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Economy Job market Race & ethnicity See all topics Facebook Tweet Email Link Link Copied! Follow August, which is heralded as Black Business Month, should have been a time to celebrate the Black labor force. But last month’s jobs report showed unemployment rates increased for Black workers — and it could point to an economic slump. The unemployment rate for Black workers reached 7.5% in August — its highest level since October 2021 (7.6%) — and followed consecutive increases in June (6.8%) and
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