Black women reported a drop in unemployment from 7% to 5%, according to the Bureau of Labor Statistics’ November employment situation report. This was the largest drop among any other race/ethnic and gender groups in the report, though Black men were close, dropping from 8.3% to 7.3%.
Overall, November was a month of positive growth for Black people in the workforce. The employment to population ratio in Black women rose in November, which means that the drop in unemployment could mean that people are getting jobs as opposed to leaving the workforce, economists told CNBC.
“Yes, employers are finally hiring Black workers. They’re still the last of the queue,” William Spriggs, chief economist to the AFL-CIO and a Howard University professor, said to CNBC.