The United States' Black unemployment rate tumbles to 5% in March 2023.
The Black unemployment rate tumbled to 5% last month from 5.
Moreover, the gap between jobless rates for whites and African Americans also narrowed to 1.8 percentage points, the lowest since the Department of Labor began tracking it half a century ago. Employment in sectors often the most sensitive to cracking in the face of higher interest rates have begun flashing yellow.
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