Fairly good news for the U.S. economy as employers added more jobs in the month of May than any other month over the last year.
Though the national unemployment rate ticked up to 5.5 percent from 5.4 percent in April, that is attributed to more jobless Americans entering the workforce and actively looking for employment. In May, about 280,000 jobs were created, based on the jobs report released by the Bureau of Labor Statistics.
But it’s not just the national unemployment rate that has held steady. For African-American women the unemployment rate remained at 8.8 percent, with a 61.9 participation rate. Additionally, Black women continue to do better than their male counterparts in the job market. For Black men, the unemployment rate spiked to 10.2 percent in May. In April, that rate was 9.2 percent.
The unemployment rate for all African Americans also rose to 10.2 percent in May from 9.6. percent the previous month.
Despite the hiccups in the Black community, economists believe the economy as a whole is improving significantly.
Still, a broader measure of unemployment, which includes part-timers who want full-time jobs and those who are too discouraged to even search, remained at 10.8 percent, a strong sign that the recovery’s gains have not been spread evenly, according to the New York Times.
For African Americans, there remains even greater concern surrounding job discrimination and lack of access due to poor education and resources.