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U.S. Job Growth Stalls in July, Black Unemployment Remains Elevated – BlackPressUSA

By Stacy M. BrownBlack Press USA Senior National Correspondent A new 16-page issue brief by the Joint Center for Political and Economic Studies warns that federal industrial policy investments aimed at advancing economic opportunity for Black communities are under threat, as the Trump administration eliminates key diversity, equity, and inclusion (DEI) provisions and slows the disbursement of funding. Authored by policy analyst Dr. Gabrielle Smith Finnie, the report, “Shifting the Narrative on Industrial Policy: Opportunities for Genuine Economic Mobility and […]

todayAugust 2, 2025 1

News

White House takes victory lap as Black unemployment remains low

The White House is taking a victory lap this week after December’s jobs report revealed that the Black unemployment rate remains low at 5.2%, dropping slightly from previous months.  The rate of jobless Black Americans now stands at its lowest since April 2023, when the unemployment rate for the community reached a record low of 4.8%.  Kirabo Jackson, a member of the White House Council of Economic Advisers, told theGrio that continued low unemployment for Black Americans results from President […]

todayJanuary 6, 2024