Economics
Black Americans Leave Workforce, Driving Their Jobless Rate Down
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Black Americans saw a sizable drop in unemployment in July, but the decrease came as workers left the labor force, an indication that the jobs recovery remains uneven.
The jobless rate for Black Americans fell to 8.2%, the lowest level since March of 2020, and down from 9.2% in June, according to figures released Friday by the Department of Labor. Black men in particular saw a large decline.