By Jasmine Browley ·Updated May 18, 2023
Amid immense economic uncertainty, a bit of good news has emerged.
Recent data from the Bureau of Labor and Statistics shows that the Black unemployment rate has hit an all-time low, a record 4.7 percent in April 2023. In May 2020, it soared to a staggering 16.8 percent.
According to the Bureau of Labor and Statistics, the rate reached 4.7 percent in April 2023.