In February, the US unemployment rate rose slightly to 3.9%, despite a decrease for Black women to 4.4% due to job growth in sectors with high Black female employment. However, Hispanic women saw an increase in unemployment to 5%. Overall, the labor market remains strong, with economists anticipating stability in the coming months.
Women earn significantly less than men over their careers, with the gap widening for Black and Latina women. While the pay gap has not seen much progress, measures such as pay transparency and addressing systemic bias can help close it. Employers should take responsibility for examining and addressing pay disparities within their organizations. Women should also be proactive in monitoring workplace practices and advocating for fair pay.
