Unemployment rate
Last month, U.S. employers added 678,000 jobs, which is the largest gain since last July. According to data, the unemployment rate fell to 3.8% last month, from 4% in January and job gains for December and January were also revised up by a total of 92,000 jobs. Nela Richardson, the chief economist for the payroll […]
Unemployment rate increased for Blacks and Hispanics workers. The unemployment rate for Blacks increased by 0.7 percentage point to 9.9% in February, reversing two months of improvements and widening the gap between the white unemployment rate, which fell 0.1 percentage point to 5.6%, according to the latest jobs report from the Bureau of Labor Statistics. […]
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