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Unemployment gap overview:
- Who: The unemployment gap between Black and white Americans during the month of March was the lowest ever recorded.
- Why: A total of 5% of Black Americans were unemployed in March, compared to 3.2% of white Americans.
- Where: Nationwide.
The unemployment gap between Black and white Americans dropped to the lowest level ever recorded last month.
Among Black individuals specifically, the unemployment rate, in general, dropped to a total of 5% in March, the lowest it has ever been since the data began being recorded in the early 1970s, Bloomberg reports.
The unemployment rate among Black Americans is now reportedly 1.8% higher than that of their white counterparts, who finished March with an unchanged unemployment rate of 3.2%.
Employment rates for Black Americans have been on the rise for the last five months, with minority workers seemingly getting more opportunities during what has been a tight job market, Bloomberg reports.
In total, the share of Black Americans who were reportedly employed in March rose to 69%, the highest level seen since 2000 and one that saw gains in employment for both Black men and Black women alike.
The employment-to-population levels for Black women older than 20, meanwhile, rose to above pre-pandemic levels, Bloomberg reports.
Job vacancies in March dropped to lowest level since May 2021
Historically, Black men have reportedly had a lower employment-to-population ratio than that of white and Hispanic men; however, the opposite has been shown to be true when comparing Black women with white or Hispanic women.
Job vacancies fell to their lowest level since May 2021, in the meantime, despite employers still describing that they are having difficulties finding workers to fill their open positions, reports Bloomberg.
Race has also been a concern when it comes to discrimination.
The National Football League (NFL) argued in February that claims it fostered a culture of racial discrimination should be dealt with in arbitration, rather than heard by a court.
The allegations were brought against the NFL by former Miami Dolphins head coach Brian Flores, who argued he was unfairly passed over for a head coaching position with the New York Giants, in favor of a white man.
What are your thoughts on the unemployment gap between Black and white Americans shrinking to its lowest level on record? Let us know in the comments!
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