The unemployment rate slipped for Black and Hispanic workers in April, but remained stable for Asian American workers.
A closer look at the labor force participation rate — a measurement of the number of people seeking work — shows an underlying factor behind the falling unemployment rate for Black workers in this latest report.
When that finding is placed alongside the declining unemployment rate, it suggests there are unemployed workers who either stopped looking for a job or didn't get one at that point in time. Longer-term trends also show a slight increase in the labor force participation rate for Asian American populations, which was 64.9% in April — the same as in March. A year ago, the participation rate for this demographic group was 64.5%."This is also a sign of continued job growth as more people enter the labor market," said Wilson.in the health care and social assistance industry — an increase of more than 64,000 jobs — while government positions swelled 23,000.
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