In November, the overall unemployment rate in the United States increased slightly to 4.2%, with Black women experiencing a significant rise to 6%. White women also saw a small increase in unemployment to 3.4%. Black workers as a group had the highest unemployment rate at 6.4%, while the rate for Black men was 6% compared to 3.5% for white men. The labor force participation rate decreased to 62.5%, with Black women seeing a drop to 62.3%.
Kevin Rinz from the Washington Center for Equitable Growth noted that the increase in unemployment for Black women was more pronounced than for white women, indicating a cooling labor market that is still relatively strong but less supportive of marginalized workers. The volatility in month-to-month data highlights the challenges in assessing overall employment trends.
Hispanic men also experienced an increase in unemployment, with the rate rising to 4.4% in November. These numbers suggest that while the labor market overall remains strong compared to historical standards, certain demographic groups are facing greater challenges in finding employment.
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