Black unemployment rate falls to lowest on record
by Joseph Lawler | Jan 5, 2018, 9:39 AM
The unemployment rate for black workers fell to the lowest rate on record in December, the Bureau of Labor Statistics reported Friday.
The rate fell from 7.2 percent to 6.8 percent in the month, beating the previous low of 7 percent set in April 2000. The bureau has data going back to 1972.
The data point is one of several encouraging milestones that have been reached as the jobs recovery has stretched into its eighth year.
Unemployment also hit a record low for Hispanic Americans in November, although that rate ticked up slightly in December.
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