By admin Sep, 03, 2021 Editors Pick

August job numbers are out and we have a disappointing number to report for the black community. The new August job data shows that black unemployment rose while the number declines for Asian, white, and Hispanic job seekers.  This means that companies are hiring non-black employers that than are hiring black people.

The unemployment rate for black workers is 6.9% for colored people with an associate degree level of education

The unemployment rate for white is 5.8% for white school dropouts.  This job report means that black people are facing a tough time getting a decent job compared to work seekers of other races with a lower level of education.

What we know about the August 2021 Job reports

• Employers added 235,000 payrolls last month, a much lower number from the expected number of 720,000.  However, the unemployment rate dropped from 5.4% to 5.2%.
• The rate of unemployment for black voters went up from 8.2% to 8.4%.
• The rate of unemployment for white fell from 4.8% to 4.5 %
• The rate of unemployment for Asians dropped from 5.3% to 4.6%

Tags: Job report for black people Job report Black millionaires black wealth

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