The Black unemployment rate ticked up in August, as more Black Americans looked for work than found jobs.
That runs counter to the narrative of labor shortages and difficulty companies are having with hiring.See more stories on Insider's business pageIn August, the unemployment rate went up for Black Americans, even as more Black workers found jobs, and it shows an unfortunate side of the recent labor shortage., 135,000 more Black Americans were employed in August than in July.
It's the "the self-evident discrimination in the labor market revealing itself," according to Dr. William Spriggs, an economics professor at Howard University and the chief economist for the AFL-CIO. He added: "The numbers this time are just startling." "This is discouraging," Spriggs said. "And the constant reports: 'There's a labor shortage. We can't find anybody!' These numbers say, no, it's not that you can't find anybody - you can't find the people you want. This is two different things."
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