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U.S. Black-White Joblessness Gap Narrows, but Not for Right Reasons

from Reuters

The gap in unemployment rates between Blacks and whites in the United States narrowed for the first time in five months in September, although largely for the wrong reasons. After having mushroomed to the widest level in nearly six years over the summer, the jobless rate for Blacks dropped by 0.9 percentage point to 12.1% in September, from 13.0% in August, data from the U.S. Labor Department showed. more

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