For Black women, the jobless rate increased significantly in November.
The U.S. Bureau of Labor Statistics said on Friday that the national unemployment rate marginally increased last month, rising from 4.1% in October to 4.2%. However, compared to other groups, some had more notable increases in unemployment.
The largest increase was seen by Black women, whose unemployment rate rose from 4.9% to 6%. White women’s unemployment rate, on the other hand, increased marginally to 3.4% from 3.3% in October.
According to Kevin Rinz, senior scholar and research advisor at the Washington Center for Equitable Growth, the gain for Black women has been more noticeable than for white women.
The unemployment rate for Black workers as a group was the highest last month, rising from 5.7% to 6.4%. White men’s unemployment rate remained at 3.5%, while Black men’s reached 6%.
While pointing out the fluctuations in month-to-month data, Rinz continued, “this is a broader picture of a gradually cooling labor market that is still relatively strong by recent historical standards, but less able to deliver the gains for more marginalized workers that we saw immediately after the pandemic.”
A measure of the population that is working or looking for work, the overall labor force participation rate, decreased slightly to 62.5%. In November, the percentage for Black women fell to 62.3% from 62.6% the previous month. Among Black men, the rate dropped from 69.3% to 68.7% last month.
Hispanic men are among the other demographic groups that saw an increase in unemployment last month. From 4% in October to 4.4% in November, the jobless rate increased.
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