The pace of recovery, not unsurprisingly, has been more rapid for Whites than for African-Americans. The unemployment rate for Whites dropped from 10.1 percent a year ago to 5.2 percent last month, a reduction by almost half. In contrast, the Black unemployment rate was 15.3 percent in June of 2020, and it dropped to 9.2 percent last month – a less steep drop than the white rate.
The post The Road To Economic Recovery Has Potholes - Pace Faster For Whites Than For Blacks appeared first on The Seattle Medium.
