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Black unemployment rate declines in August, even as it rose across the board

Black unemployment rate declines in August, even as it rose across the board

Pixelseffect | E+ | Getty Images

The unemployment rate for Black workers slipped in August, bucking the broader trend of a higher overall jobless rate.

The overall unemployment rate ticked up to 3.8% last month, the highest since February 2022. It came as the labor force participation rate — a measure of the number of people who are employed or seeking employment — climbed to 62.8% for its highest level since February 2020.

The jobless rate…


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