From Axios:
“America’s labor market has continued to surprise, to the upside. One real-world effect is the lasting (favorable) job conditions for marginalized workers to reap benefits others get much sooner.
“For the half-century that data has been available, white workers have enjoyed higher rates of employment than Black workers. That gap still exists, but it has been shrinking notably in recent months.
“Among the workers most likely to want a job (those aged between 25 and 54), the difference between white and Black employment is 3.5 percentage points – hovering just above the smallest in data that dates back to 1994.”
Skanda Amarnath, executive director at research firm Employ America, tells Axios that “not every issue of inequity is resolved here – not every job is equal. But employment is an important part of people’s welfare.”
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