Black and Hispanic Unemployment in America Reach Record Lows
U.S. April Jobs Report 'Perfectly Solid,' Says Krueger
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Unemployment rates among black people and Hispanics in the U.S. hit record lows last month amid a widespread tightening of the labor market.
Black unemployment fell to 6.6 percent in April, the lowest in data dating back to 1972, while the jobless rate among Hispanics dipped to 4.8 percent, matching the lowest on record, Labor Department figures showed Friday. Black and Hispanic jobless rates are generally more volatile than the overall unemployment figure, which fell below 4 percent last month for the first time since 2000.