Overall Unemployment: 7.3% (7.4%)
African America Unemployment: 13.0% (12.6%)
Latino America Unemployment: 9.3% (9.4%)
European America Unemployment: 6.4% (6.6%)
Asian America Unemployment: 5.1% (5.7%)
Analysis: The unemployment rate overall dropped to 7.3 percent. African America is the only group to see their unemployment rate rise and maintains itself firmly in the double digits. Asian America has the most significant drop. Latino and European America saw negligible drops.
African American Male Unemployment: 13.5% (12.5%)
African American Female Unemployment: 10.6% (10.5%)
African American Teenage Unemployment: 38.2% (41.6%)
African American Male Participation: 66.6% (67.6%)
African American Female Participation: 61.5% (62.0%)
African American Teenage Participation: 28.9% (28.4%)
*Previous month in parentheses.
Analysis: The unemployment rate for African American men saw an significant uptick coupled with a dropping participation rate. African American women also experienced an uptick in their unemployment rate while participation rate dropped. Only the teenage group showed improvement in its unemployment rate and participation rate.
Conclusion: The economy added 169 000 new jobs overall. African America saw a decline a 210 000 in its employed ranks. It is the second lowest number of employed African Americans in the past five months and by far its biggest drop in employment over that same period. African America’s labor force is at its lowest in the past five months. The labor force number indicating that many African Americans are simply giving up on the chance of finding employment. The one bit of light in the coal mine is that African American teenagers picked up 30 000 jobs. Overall, almost every piece of unemployment data is the worse it has been in five months. A frightening measure as many African American families head back into the school year needing to providing more not less.