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Black Unemployment 84% Higher Than White – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<div class&equals;"entry-content column content primary is-two-thirds">&NewLine;<div class&equals;"" style&equals;"padding-bottom&colon; 10px&semi;">&NewLine;<div class&equals;"">&NewLine;<p>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<span class&equals;"tag is-dark is-uppercase">Economy<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;p>&NewLine;<div class&equals;"byline-container">&NewLine;<div class&equals;"post-date is-italic has-text-grey is-size-7 has-text-weight-medium ">&NewLine;<p>November 5&comma; 2022 10&colon;30 am<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<p>The BLS released its <span style&equals;"font-weight&colon; 400&semi;">THE EMPLOYMENT SITUATION — OCTOBER 2022&period;<&sol;span> It showed the pace of job creation slowed compared to recent months&comma; but the economy added 261&comma;000 jobs&comma; which is impressive during an economic downturn&period; The unemployment rate was 3&period;7&percnt;&comma; close to the lowest level in decades&period; Notable among the October figures was that the unemployment rate among Blacks was 84&percnt; higher than among White Americans&period; The ratio has not changed much since the BLS started to release job data&period;<&sol;p>&NewLine;<p>Across groups measured by the BLS&comma; the jobless rate among white people was 3&period;2&percnt;&period; Among adult males&comma; the figure was 3&period;3&percnt;&period; Among adult women&comma; the figure was 3&period;4&percnt;&period; Among Asians&comma; the figure was 2&period;9&percnt;&period; Among black Americans&comma; the number was 5&period;9&percnt;&period;<&sol;p>&NewLine;<p>The reasons black Americans have higher jobless rates than white people fall into several categories&period; The Economic Policy Institute reports that among the primary reasons are &OpenCurlyDoubleQuote;racism” and single adult households where one person tries to care for children and hold a full-time job simultaneously&period;<&sol;p>&NewLine;<p>The American Progressive reports that the spread between black and white jobless rates goes back to 1972 when the BLS started to gather monthly employment data&period; It gives incarceration&comma; the rate of which is higher among blacks than whites&comma; as another reason&period; &OpenCurlyDoubleQuote;Mass incarceration plays a significant role in the lower labor force participation rate for African American men&period;” Educational attainment is another reason&period; White people tend to graduate from high school and college at a higher rate than black people&period;<&sol;p>&NewLine;<p>None of these reasons can be taken alone&comma; according to many experts&period; They represent a web of problems black Americans face as they try to enter the workforce&period; One thing almost all experts agree on is that these problems will not go away&period;<&sol;p>&NewLine;<p>A study by Darlinez News&period; last year shows the deep problems can be further explained at the city level&period; Among the<span style&equals;"font-weight&colon; 400&semi;"> <&sol;span><span style&equals;"font-weight&colon; 400&semi;">worst cities for Black Americans<&sol;span>&colon; &OpenCurlyDoubleQuote;Black residents in these metro areas are much less likely to hold a high school diploma or college degree than white residents&period; Lower levels of high school attainment can drive down wages and make it more difficult to find a job&period;”<&sol;p>&NewLine;<section id&equals;"email-subscribe" class&equals;"section section-email-sub single-email-sub"><&excl;-- div&period;svg-icon --><&sol;p>&NewLine;<div class&equals;"container">&NewLine;<div class&equals;"subscribe-message" style&equals;"line-height&colon; 1&period;3&semi;">&NewLine;<p>Get Our Free Investment Newsletter<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;section>&NewLine;<p>Based on all these factors&comma; the gulf between Black unemployment and white is unlikely to change&period;<&sol;p>&NewLine;<div id&equals;"smartasset" style&equals;"margin-bottom&colon; 1em&semi; margin-top&colon; 1em&semi;">&NewLine;<p><b>Sponsored&colon; Tips for Investing<&sol;b><&sol;p>&NewLine;<p>A financial advisor can help you understand the advantages and disadvantages of investment properties&period; Finding a qualified financial advisor doesn’t have to be hard&period; SmartAsset’s free tool matches you with up to three financial advisors who serve your area&comma; and you can interview your advisor matches at no cost to decide which one is right for you&period; If you’re ready to find an advisor who can help you achieve your financial goals&comma; get started now&period;<&sol;p>&NewLine;<p>Investing in real estate can diversify your portfolio&period; But expanding your horizons may add additional costs&period; If you’re an investor looking to minimize expenses&comma;&Tab;consider checking out online brokerages&period; They often offer low investment fees&comma; helping you maximize your profit&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p><&sol;div>&NewLine;

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