Surprise US unemployment rate drop leaves out blacks, Asians | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
June 07, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JUNE 07, 2025
Surprise US unemployment rate drop leaves out blacks, Asians

Global Economy

Reuters
06 June, 2020, 08:55 am
Last modified: 06 June, 2020, 09:11 am

Related News

  • India, US push to finalise interim tariff deal as Trump's deadline nears
  • US and Europe trade negotiators discuss tariffs in Paris
  • Clamping down: Once Japan, now China
  • Elon Musk leaving Trump administration, capping turbulent tenure
  • Touhid expresses concern over widespread rumour campaigns during meeting with USCIRF chair

Surprise US unemployment rate drop leaves out blacks, Asians

Construction, healthcare and retail also added jobs in what proved to be a record monthly employment gain of 2.5 million jobs on the heels of April’s record loss of 20.7 million positions

Reuters
06 June, 2020, 08:55 am
Last modified: 06 June, 2020, 09:11 am
People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease, at an Arkansas Workforce Center in Fayetteville, Arkansas, US April 6, 2020/ Reuters
People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease, at an Arkansas Workforce Center in Fayetteville, Arkansas, US April 6, 2020/ Reuters

The US unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdowns.

US unemployment dropped to 13.3% in May from 14.7% in April - defying forecasts for it to approach 20% - as restaurants, bars and other businesses began to reopen and hire back workers let go because of shutdowns meant to slow the spread of the coronavirus.

Construction, healthcare and retail also added jobs in what proved to be a record monthly employment gain of 2.5 million jobs on the heels of April's record loss of 20.7 million positions.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

While it may signal the worst has passed, the data also served up another reminder of US racial inequality at a moment when protests have erupted around the country over police violence against African Americans.

The unemployment rate for black workers edged up to 16.8% in May from 16.7% in April and for Asian workers it rose to 15% from 14.5%. In contrast, unemployment for white workers fell to 12.4% in May from 14.2% in April, a record drop.

The household survey, from which the unemployment rate is derived, showed 3.8 million more Americans at work in May than in April, a 2.9% increase in overall employment. But the gains favored whites over blacks as well, with white employment increasing 3.3% while for African Americans it was rose by just 1.7%.

The statistics are a reminder that employment for black workers tends to rebound more slowly during an economic recovery.

In April, the gap between black and white unemployment widened to 4.4% as the rate dropped for white workers but rose for black workers.

Top News / World+Biz

US / job growth

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Rawhide collected from various parts of the city. Photo taken on 7 June in Old Dhaka. Rajib Dhar/ TBS
    Rawhide prices see slight increase, but below fair value
  • According to tannery officials, most of the hides delivered so far came from madrasas and orphanages in Dhaka. Photo: Noman Mahmud/TBS
    Rawhide collection in full swing at Savar tanneries; 6 lakh hides expected in 2 days
  • Elon Musk listens to US President Donald Trump speak in the Oval Office of the White House in Washington, DC, US, February 11, 2025. File Photo: REUTERS
    Trump asks aides whether they believe Musk's behaviour could be linked to alleged drug use, source says

MOST VIEWED

  • Long lines of vehicles were seen at the Mawa toll plaza, although movement remained smooth on 5 June 2025. Photos: TBS
    Padma Bridge sets new records for daily toll collection, vehicle crossings
  • The government vehicle into which a sacrificial cow was transported by a UNO. Photo: TBS
    Photo of Natore UNO putting cattle in govt vehicle takes social media by storm
  • Army Chief General Waker-Uz-Zaman and his wife exchange Eid greetings with Chief Adviser Muhammad Yunus at the State Guest House Jamuna in Dhaka today (7 June). Photo: CA Press Wing
    Army chief exchanges Eid greetings with CA Yunus
  • Fire service personnel carry out rescue operations after Dhaka-bound Parjatak Express train hit a CNG auto-rickshaw last night (5 June). Several other vehicles also got trapped under the train. Photo: Mohammad Minhaj Uddin
    3 killed, several injured after Dhaka-bound Parjatak Express train hits CNG auto-rickshaw on Kalurghat bridge
  • CA’s televised address to the nation on the eve of the Eid-ul-Adha on 6 June. Photo: Focus Bangla
    National election to be held any day in first half of April 2026: CA
  • Representational image: WHO
    Health ministry urges public to wear masks amid rising Covid-19 infections

Related News

  • India, US push to finalise interim tariff deal as Trump's deadline nears
  • US and Europe trade negotiators discuss tariffs in Paris
  • Clamping down: Once Japan, now China
  • Elon Musk leaving Trump administration, capping turbulent tenure
  • Touhid expresses concern over widespread rumour campaigns during meeting with USCIRF chair

Features

Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

8h | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

3d | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

3d | Panorama
Illustration: TBS

The GOAT of all goats!

4d | Magazine

More Videos from TBS

Power shift in Chinese politics, Is Li Qiang emerging in Xi Jinping's shadow?

Power shift in Chinese politics, Is Li Qiang emerging in Xi Jinping's shadow?

2h | TBS World
Eid joy fills the capital, with residents busy performing animal sacrifices

Eid joy fills the capital, with residents busy performing animal sacrifices

8h | TBS Today
Chief Advisor offers Eid prayers at National Eidgah

Chief Advisor offers Eid prayers at National Eidgah

9h | TBS Today
Hamas warns of tougher resistance if fighting doesn't stop

Hamas warns of tougher resistance if fighting doesn't stop

9h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net