It’s the lowest reading since the end of the Great Recession.
For black males, the rate hit 10 percent in March, the second consecutive month touching a post-recession low. The rate actually climbed for black women, to 9.2 percent from 8.9 percent. The post-recession low for that group came in December when it hit 8.2 percent.
Here’s the overall black unemployment rate chart.
The black-white unemployment rate gap also narrowed again to its post-recession low of 5.4 percentage points — although this is still quite large. The unemployment rate for whites was unchanged at 4.7 — the post-recession low for that group as well.
The unemployment rate for Hispanics climbed 2 basis points to 6.8 percent for March. The post-recession low for that group came in December when the rate hit 6.5 percent.
(HT @TheStalwart)
Rob covers business, economics and the environment for Fusion. He previously worked at Business Insider. He grew up in Chicago.
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