Jul 2, 1:53 PM EDT

Jobless rate for black Americans falls to 7-year-low, though racial disparity remains wide

Latest Business News
Smaller workforce, more part-timers: Job market unlikely to return to former strength

World stocks drift lower ahead of Greek vote; Chinese stocks plunge as support measures fail

Health insurance acquisition spree leaves heaps of uncertainty for consumers

Independence Day? To some, July 4 is actually Barbecued Spareribs Day. Or Caesar Salad Day

From wine ice cream to maple water, here are 5 products from big NYC food show

A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
Smaller workforce, more part-timers: Job market unlikely to return to former strength

New Puerto Rico agencies allowed to buy TRANs, help boost liquidity amid economic crisis

Egypt passes new budget for fiscal year 2015-2016, cutting budget deficit to 8.9 percent

US unemployment falls to 7-year low, but paychecks remain flat, and many job-seekers give up

Where Americans found jobs in June: Professional services, health care, retail

Jobless rate for black Americans falls to 7-year-low, though racial disparity remains wide

Spain raises 2015 economic growth forecast to 3.3 percent, brings forward tax reduction plan

California's dominance over Brazil is short-lived as state slips back to No. 8-largest economy

Architect of Argentina's recovery from financial collapse urges Greece to renegotiate its debt

US manufacturing activity accelerates in June as new orders boost employment

Buy AP Photo Reprints
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt


Black Americans made strides in the job market in June, with their unemployment rate reaching its lowest level in seven years.
The black unemployment rate fell to 9.5 percent, the best showing since a 9.4 percent reading in June 2008.
Despite the improvement, the employment gap by race remains stubbornly wide. The jobless rate for African-Americans is more than twice the rate for whites and has remained in double digits nearly every month since the summer of 2008.
At the same time, unemployment rates improved in June for workers of all educational backgrounds - from those without high school diplomas to college graduates.
The data for various demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.
Unemployment rate by group:
(Numbers in percentages) June-15 May-15 June-14
White 4.6 4.7 5.3
Black 9.5 10.2 10.7
Asian 3.8 4.1 4.8
Hispanic or Latino ethnicity 6.6 6.7 7.6
Adult men 4.8 5 5.7
Adult women 4.8 5 5.3
Teenagers 18.1 17.9 20.7
20-24 years old 9.9 10.1 10.6
25-54 years old 4.4 4.7 5.1
55 and over 3.7 3.7 4.4
Veterans of Iraq/Afghanistan 5.4 5.4 7
No high school diploma 8.2 8.6 9.1
High school graduate 5.4 5.8 5.8
Some college 4.2 4.4 5.1
College graduate 2.5 2.7 3.3
Duration of Unemployment:
Average length (weeks) 28.1 30.7 33.3
Jobless 6 months or more (pct.) 25.8 28.6 32.6
Not seasonally adjusted
Includes all races
Source: Labor Department

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.