The unemployment rate for Black women rose to 6% in November, a significant increase from 4.9% in October. Black workers as a group also saw a jump in unemployment to 6.4% from 5.7%, with Black men experiencing a jobless rate of 6%. In contrast, white women saw a slight increase in unemployment to 3.4%, while white men held steady at 3.5%. Overall, the labor force participation rate dropped to 62.5%, with Black women seeing a decrease to 62.3%. The uptick in unemployment for marginalized workers like Black women and Hispanic men indicates a cooling labor market that is still relatively strong by historical standards, but may be less able to deliver gains for these groups in the long term. The data also highlights the volatility in month-to-month changes in the job market.
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