It’s been more than a year, and the speed of the economic recovery is still gaining traction. According to the most recent job data, the United States recovered 850,000 jobs in June 2021. Technically, this is a huge rise over the prior months and much exceed economists’ estimates.
However, the economy’s rapid rebound obscures a frightening prospect: persistently high Black unemployment rates. These rates are 9.2 percent, which is somewhat higher than in May. And it is nearly twice as high as the jobless rate for whites. According to a renowned economist professor at Howard University, more African American men and women started looking for work last month than in May. However, many people were still unable to obtain one. See how black hiring is done fairly in this site
When it comes to getting work, Black workers have long faced difficulties. Furthermore, May was the first month in the pandemic when the unemployment rate among all high school dropouts was higher than that of Blacks. Black folks do not acquire employment easily; they must go through two or three employers before finding one that is not discriminatory. This is the fundamental reason why Black unemployment is greater than white unemployment. Also have a look at hire black people
According to the jobs data, the Black male jobless rate increased marginally last month to 10%. In June, Black females had a lower rate than Black men, at 8.5 percent. The pandemic was especially cruel to the leisure and hospitality industries, which provided a living for many Black and Latino employees. Despite recent economic gains, unemployment continues to afflict lower-wage employees in the service industry, as well as Blacks and Hispanics. Experts also warn that the recovery risks widening the economic disparity between Black and White Americans.
And, while unemployment rates hit a new low last year, job growth was typically focused at the lowest end of the salary range. This made it more difficult for Black and Latino employees to accrue benefits that may help them weather the present economic crisis.
While increased unemployment coverage may be especially beneficial to low-wage employees, numerous measures will be required to overcome a crisis that has crippled most of the country. It is evident that the pain is felt across the country. It’s worth noting that an encouraging number of individuals are now returning to work at higher-paying jobs. However, communities of color and those living in lower-income areas continue to fight to overcome structural disadvantages and establish a more equitable position in the economy as the generational wealth gap increases.
The rising Black unemployment is sending shockwaves throughout the country, especially because of the June jobs data, which showed a major return in the leisure and front industries, including a considerable pay increase. This implies that the sector’s renaissance may be leaving Black employees behind. Overall, unemployment rates among teenagers were greater than for adults during the pandemic, owing in part to their concentration in retail and hospitality professions, which were hampered by federal and state requirements to combat the spread of COVID-19. So it’s really important to continue providing relief to workers. Policymakers should not be content with a low African American unemployment rate if it continues to be double that of white people. All these things really stand tall to getting us through this period and to the other side.