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Obama's final days: Black unemployment hits low

By Robert "Rob" Redding Jr.

Editor & Publisher

 
NEW YORK, Feb. 3, 2017, 1 p.m. - The black unemployment rate today was down in the final days of Obama's administration, according to a just released jobs report by the U.S. Department of Labor.

The rate was down from 9.2 percent to 7.7 percent, according to the report. The rate had been flat in month-to-month data.

This is the lowest rate since 8.3 percent, a year ago. The 8.3 percent rate was the lowest since 2007, "before the recession began and lesser than half of the peak of 16.8% reached in 2010," according to CNN

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White unemployment was flat at 4.3 percent.

The overall rate was up from 4.7 percent to 4.8 percent.

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