Unemployment Rate - Black or African American
LNU04000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.90
Year-over-Year Change
16.18%
Date Range
1/1/1972 - 7/1/2025
Summary
Measures unemployment rate for Black or African American populations. Critical indicator of economic opportunity and structural labor market challenges.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Tracks percentage of Black or African American labor force participants who are unemployed. Provides key insights into economic inclusion.
Methodology
Calculated monthly through comprehensive Bureau of Labor Statistics surveys.
Historical Context
Essential for understanding racial economic disparities and labor market dynamics.
Key Facts
- Highlights structural economic challenges
- Important indicator of economic opportunity
- Tracked through official government surveys
FAQs
Q: What causes higher unemployment rates?
A: Complex factors including historical inequities, education access, and systemic economic barriers.
Q: How is unemployment rate calculated?
A: Percentage of labor force participants actively seeking but unable to find work.
Q: Why is this data important?
A: Reveals economic opportunities and structural challenges in labor market participation.
Q: How frequently is data updated?
A: Monthly updates provide current economic snapshot.
Q: What can improve unemployment rates?
A: Targeted education, job training, and economic development programs.
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Citation
U.S. Federal Reserve, Unemployment Rate - Black or African American (LNU04000006), retrieved from FRED.