The new jobs reporting is now showing that unemployment for Black Americans actually worsened significantly in December.
The Details: The economy added a mere 199,000 jobs in December less than half what experts had forecasted. And while the overall unemployment rate ticked down to 3.9 percent, black unemployment went from 6.5% to 7.1 % a significant increase.
This stood in contrast to the White unemployment rate, which ticked down to 3.2 percent.
Overall, the numbers represent another major disappointment for the Biden Administration.
Follow us on Twitter and Facebook!
(Visited 4,374 times, 2 visits today)