- ORIGINAL NEWS
Unemployment fell for Black women in February as more joined the labor force
- SUMMARY
In February, the unemployment rate declined for Black women to 4.4%, signaling progress in the labor market.
This was accompanied by an increase in the labor force participation rate.
Experts attribute this improvement to job growth in sectors where many Black women are employed, such as health care and government services.
However, Hispanic women experienced an increase in unemployment, with their rate rising to 5%.
Overall, the US unemployment rate slightly increased to 3.9%, indicating a strong labor market.
Despite the slight uptick, economists predict stability in the coming months.
- NEWS SENTIMENT CHECK
- Overall sentiment:
positive
Positive
“Unemployment among Black women fell in February as the number of those looking for work increased, data released Friday by the U.S. government showed.”
“Valerie Wilson, director at the Economic Policy Institute’s Program on Race, Ethnicity and the Economy, said that the labor market is showing positive signs for Black women.”
Negative
“The U.S. unemployment rate edged higher last month to 3.9% from 3.7% in January, according to the U.S. Bureau of Labor Statistics on Friday.”
“For Hispanic women, unemployment rose to 5% from 4.3%.”