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The unemployment rate for African Americans jumped for a second straight month in June as workers left the workforce amid early signs of a cooling labor market.
That cooling has been uneven: The number of unemployed African Americans has increased by 267,000 since April, meaning they account for close to 90% of the 300,000 increase in overall joblessness during that period.
Black unemployment rose to 6% in June, the highest since August, and was once again nearly double that of White workers, whose rate fell to 3.1%, a Labor Department report showed Friday.
Overall unemployment rate ticked down to 3.6% in June but the rate rose to 6% for Black workers and the gap between White and Black workers widened.
Read more at Bloomberg.com
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