Black Americans are more likely to be working than white Americans for the first time on record
of 239,000 from economists. It was also below February's gains, which was 326,000, according to a recent revision noted in Friday's report, as well as January's revised job gain of 472,000.
"This report is a Goldilocks report," he told Insider."It was really great to see that job gains remain strong, and the labor market is resilient, but we're also seeing evidence that things are cooling off gradually." And despite the Black unemployment rate tumbling to a new low, Heidi Shierholz, president of the non-partisan Economic Policy Institute and former chief economist of the US Department of Labor,"Due to the impact of structural racism on the labor market," she wrote, Black workers as well as Hispanic workers"have much higher" rates than for white workers."But the strength of this recovery has led to progress on reducing racial employment gaps," she wrote.
"The reduced racial inequities in the labor market are wonderful to see and that's one of the byproducts of a tight labor market, in that when there's more competition for workers, folks who have been traditionally more disadvantaged, more marginalized, see more job opportunities," Nick Bunker, economic research director for North America at Indeed Hiring Lab, told Insider.
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