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The black unemployment rate plummeted in April

Shane Ferro   

The black unemployment rate plummeted in April
Stock Market1 min read

The unemployment rate for African Americans plummeted in April, dropping to 8.7% from 10.1%.

This is the first time the black unemployment rate has been below 10% since mid-2008.

It's still, however, twice as high as the white unemployment rate, which fell to 4.4% from 4.9% in March.

black and white uer

Andy Kiersz/Business Insider

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