Black Unemployment Rate is Now Lowest Ever Recorded

Black Unemployment Rate is Now Lowest Ever Recorded The U.S. Labor Department reported the rates have dropped to 6.7 percent as of December 2017. The first recorded all-time low was seven percent back in 2000 during the Internet boom. There still remains a white-black gap in unemployment rates, but now black unemployment rates are 1.85 times greater instead of 2. Economic growth has encouraged such numbers with 2.1 million jobs added in 2017.