Categorized | National News

Unemployment Falls To 7.5 Percent, Black Unemployment Rate Remains At 13.2 Percent

The Labor Department released its April jobs report last Friday, highlighting a slight drop in the overall unemployment rate. With the rate dropping to 7.5% from 7.6% in March, jobless numbers for the African-American community remain at a sobering 13.2%.

In April, 165,000 jobs were added to the economy, a small improvement over the 138,000 jobs added a month prior. While this figure shattered economic predictions, hiring only seems to be happening for just one segment of the overall population: Women workers, with their unemployment rate at 6.7%, were the largest number of job seekers to become employed in April.

Sequestration also played a factor in this most-recent jobs report, with 11,000 federal, state, and local government workers losing their jobs due to budget constraints and other factors.

In all, 11.7 million people are out of work, a staggering rate when compared to the unemployment rate sitting at 4.5% before the recession shattered the economy.

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