By Bernard E. Anderson, PhD
Whitney M. Young Professor Emeritus, The Wharton School of the University of Pennsylvania
Chief Economic Advisor, National Urban League
Steady, sustained job creation has led to a narrowing of the unemployment gap between white and Black Americans, the October Jobs Report shows.
While the Black unemployment rate has steadily fallen over the last decade, it generally remained about twice the rate for whites. However, in October , the Black unemployment rate declined by 0.1 of a percentage point to 5.4 %, while the white unemployment rate remained unchanged at 3.2%. This has resulted in a Black-white unemployment gap of 1.69, measurably lower than the 2:1 ratio that persisted for most of the last two decades in good times and bad.