The St. Louis American, January 9, 2024, December Jobs Report Holds Good News For Black Workers
Dedrick Asante-Muhammad and Joseph Dean state in a National Community Investment Coalition (NCRC) analysis, “The labor market continues to show strengths not seen in decades, with unemployment rates below the 4% threshold defined as “full employment” for the past two years,”
“This strong labor market has shrunk the historic racial disparities in topline jobless rates. The African American unemployment rate is now roughly 1.5 times that of Whites, down from a long-term trend of roughly doubling the White unemployment rate.”
