The graphic above shows unemployment rates across different racial and ethnic groups from April 2023 to May 2024. The picture reviews unemployment rates for White, Black, Asian, and Hispanic or Latino populations. The data indicates fluctuations in unemployment rates between and among these groups, with disparities that warrant further examination. Trends and Observations 1. White Population: - The unemployment rate for Whites has shown minor fluctuations, generally staying between 3.10% and 3.50%. - The lowest recorded rate was in April 2023 (3.10%), and the highest was observed in October and December 2023, and May 2024 (3.50%). 2. Black Population: - Blacks experienced the highest volatility in unemployment rates. - The rate increased from 4.80% in April 2023 to a peak of 6.40% in March 2024, before slightly decreasing to 6.09% in May 2024. - This group consistently shows higher unemployment rates compared ...
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