May 2024 Jobs Day Analysis

The Joint Center analyzes the employment numbers from the Bureau of Labor Statistics and showcases how the numbers impact Black workers. Our May Jobs Day analysis is below.

In May, Black workers’ labor force participation rate decreased to 62.9 percent, and Black men’s participation rate is higher than the Black workers’ overall participation at 65.5 percent.

From April to May, the number of Black workers employed decreased by 169,000, and the Black unemployment rate increased from 5.6 percent to 6.1 percent.

In May, the unemployment rate for Black women increased to 5.5 percent, and for Black men, it increased to 6.8 percent.

The unemployment rate for young Black workers increased to 15.6 percent, and the unemployment rate for all young workers increased to 9.2 percent.

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