Black-White Unemployment-Rate Gap Widens to Pandemic High

By Newsmax
Posted on 08/08/20 | News Source: MATZAV

The gap in the U.S. jobless rate between whites and Blacks widened for a third straight month in July, making the gulf between the races the widest in more than five years, Labor Department data released on Friday showed.

The rate for both races fell in July, but the rate for whites dropped more, by 0.9 percentage point to 9.2%. The rate for Blacks dropped by 0.8 percentage point to 14.6%, widening the gap to 5.4 points.

The average unemployment rate for all demographic groups fell by 0.9 percentage points to 10.2% from 11.1%.

Read more at NEWSMAX.