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Carmen Sanchez Cumming - 2 women's - 1 Cumming - 1 it's - 1
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☆ The unemployment rate among Black workers increased in June for the second month in a row
  + stars: | 2023-07-07 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +2 min
Filadendron | E+ | Getty ImagesThe overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to the latest nonfarm payrolls report. Overall, the unemployment rate last month was 3.6%, a 0.1 percentage point decrease from May, the U.S. Department of Labor reported Friday. However, Black workers saw their unemployment rate rise to 6% in June from 5.6% in May, making it the second consecutive monthly increase. "If the employment level for Black workers has gone down pretty significantly for the last three months, then that is a red flag." Cumming attributed the increase in unemployment among Black workers to the mechanics of the economy slowing down.
Persons: women's, Carmen Sanchez Cumming, Cumming Organizations: U.S . Department of Labor, Washington Center for Equitable
☆ Unemployment dropped among Hispanic men and women in May but rose for Black workers
  + stars: | 2023-06-02 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +1 min
The U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm payrolls report. The overall unemployment rate last month was 3.7%, a gain of 0.3 percentage point from the prior month. The unemployment rate for Hispanic men ticked lower to 4% from 4.1% in April. Meanwhile, unemployment for Black workers overall rose 0.9 percentage point to 5.6% in May from 4.7% in April. The unemployment rate also ticked higher for Black women, rising to 5.3% in May from April's rate of 4.4%.
Persons: Carmen Sanchez Cumming, it's Organizations: Labor Department, Washington Center for Equitable Growth
☆ The US jobs market keeps beating the odds, adding another 263,000 jobs in November
  + stars: | 2022-12-02 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +3 min
InsiderThe US gained 263,000 nonfarm payrolls in November, better than the 200,000 economists expected. November's gain shows ongoing strength in the jobs market. There were 263,000 nonfarm payrolls added in November, according to the latest release from the Bureau of Labor Statistics (BLS). But as we head to the end of 2022, the US labor market remains resilient." The "temperature is still high" in the labor market as Bunker told Insider after the last jobs report.
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