The Most Surprising Number In Friday's Jobs Report
The U.S. unemployment rate dipped to 3.8 percent last month, an 18-year low. But a more dramatic drop occurred in black unemployment, which fell to a record low 5.9 percent, suggesting that African-Americans are also benefiting from job gains in this booming economy.
Even more striking, the gap between black and white unemployment has never been smaller, according to the Bureau of Labor Statistics.
Overall, the black unemployment rate dipped dramatically in May — falling more than half a percentage point from April's 6.6 percent. Generally, month-to-month changes in unemployment are more likely to stay within a smaller range, around a tenth of a percentage point.
https://www.npr.org/2018/06/01/616225985/the-most-surprising-number-in-fridays-jobs-report
