Black Youth Unemployment Falls to Lowest Level in History
The American economy is providing jobs for younger African-Americans at an unprecedented level.
In July, the unemployment rate for African-Americans between the ages of 16 and 19 fell to a seasonally adjusted 17.7 percent, the lowest rate since the government began tallying the figures in the early 1970s.
A total of 762,000 young African-Americans had jobs in July, according to the most recent data from the Department of Labor. That’s the highest number on record. The labor force participation rate climbed to 38.8, up from 36.3 a year ago.