Things are looking pretty good for Black women in the workforce.
The new jobs report from the Bureau of Labor Statistics reveals the unemployment rate for African-American women dropped to 7.9 percent in the month of June. In May, Black women had an unemployment rate of 8.8 percent.
The national unemployment rate also continued to improve, declining to 5.3 percent. Additionally, the African-American rate dropped to 9.5 percent in June from 10.2 percent in May.
The number of long-term unemployed (those jobless for 27 weeks or more) declined by 381,000 to 2.1 million in June, according to the report. These individuals accounted for 25.8 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has declined by 955,000.
However, the seemingly impressive decline in unemployment rates on all fronts may not be such a good thing as the civilian labor force and labor force participation dropped in June.
The civilian labor force declined by 432,000 in June, following an increase of similar magnitude in May, the report says. The labor force participation rate declined by 0.3 percentage point to 62.6 percent in June. The employment-population ratio is at 59.3 percent, which is unchanged from the previous month.
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