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Unemployment U-Turn: Black Americans defy the downward trend, leaving other groups behind!

The unemployment rate dropped for both Black men and women in April, contrasting the overall rise of 3.9% among all Americans. However, Black Americans still have the highest unemployment rate of any racial demographic at 5.6%, despite the decrease. The labor market remains volatile for Black workers, but it's important to monitor because they are often the first to experience economic downturns. The labor force participation rate also slipped slightly for Black workers, while it increased for other racial groups.