Black Unemployment Rate Held Steady in October

SAN FRANCISCO, CA - JULY 12:  A job seeker shakes hands with a recruiter during the San Francisco Hirevent job fair at the Hotel Whitmore on July 12, 2011 in San Francisco, California. As the national unemployment rate stands at 9.2 percent, several hundred job seekers turned out to meet with recruiters at the San Francisco Hirevent job fair where nearly 250 jobs were available.  (Photo by Justin Sullivan/Getty Images)

Black Unemployment Rate Held Steady in October

The Black unemployment rate held steady in October at 9.2 percent.

Published November 6, 2015

The unemployment rate among African-Americans was at 9.2 percent for October 2015, according to a report released Friday by the Bureau of Labor Statistics.

The Black jobless rate has remained steady at that number since September. The rate is almost double the national unemployment rate, which dropped .1 point to 5.0 percent, the lowest its been in seven years.

African-American teens between 16-19 years old have an unemployment rate of 25.6 percent, which dropped from 31.5 percent in September. Black women over 20 are unemployed at 8.1 percent, a small increase from 8.0 percent in September. Black men over 20 are unemployed at 9.2 percent, an uptick from 8.9 percent a month before. 

Employers added 271,000 jobs in October. Economists suspect that the steady unemployment rate will influence the Federal Reserve to raise interest rates.

BET National News - Keep up to date with breaking news stories from around the nation, including headlines from the hip hop and entertainment world.

(Photo: Justin Sullivan/Getty Images)

Written by Natelege Whaley

COMMENTS

Latest in news

BET AWARDS 2018

SUN, JUN 24 8/7C

HOST JAMIE FOXX

AIRS
0

days

00HRS
00MIN
00SEC