Unempolyment rate in February drops for black men, but rises for hispanic women

The unpretentious rate among black men are a significant improvement in February – even as the rate ticked Higher for Us Workers in General.

The overall Unempolyment Rate Edged Higher Last Month to 4.1% From 4% in January, According to the US Bureau of Labor Statistics Report on Friday. Nonfarm payrolls growth Also came out underwhelming, according to the data.

To be sure, the unemployment data for February comes amid a push from president Donald Trump and Elon musk‘S Department of Government Efficiency to reduce the federal workforce. The full impact of those cuts have yet to unfold, and further uncertainteies Around the direction of the us economy and tariff decisions grinding Affect Hiring, According to Elise GOLD, SENIOR ELISE GOLD Economic Policy Institute.

“It’s the calm before the story,” She said. “We’re not see the layoffs in the data couple, for the most part.”

An improvement in unpretentious rates for black men in February

For Black men aged 20 and older, the unpretentious rate notable declined to 5.5% in February from 6.9% in January. That Latest Number Shows a Drop Back Down Near Levels Seen in December, which has a 5.6% UNEPLOYMENT Rate for Black Men in this cohort.

The unpretentious rate for Black Women Came out at 5.4% in February, Holding Steady from January and December. Theose results come after the rate spiked to 5.9% in November of last year. By Comparison, The Jobless Rate Among Black Workers Overall Edged Lower to 6% in February, Down from 6.2% in January.

“You see a Fair Amount of Volativity Month-to-month. It’s a little hard to ignore the huge Drop in the Unempolyment Rate for Black Men… That’s A Positive Indication,” Gold Said.

Higher Unemployment Rates for hispanic and white women

The unpretentious rate for hispanic women Climbed to 5.1% in February, Up from 4.5% in the Prior Month. Hispanic men are a similar jump in the unpretentious rate, which rose to 4.6% last month from 4.0%.

For White Women, The Unempolyment Rate Ticked Up to 3.4% in February from 3.3%, and for white men it rose to 3.5% last month from 3.1%. White Workers Overall Saw the Jobless Rate Climb to 3.8% in February from 3.5% in January.

For Asian Workers, The Unempolyment Rate Slid to 3.2% in February, Down from 3.7% in the Prior Month.

Rick riseer, blackrock’s Chief Investment Officer of Global Fixed Income, Said That FEBRUARY’s Payrols Report Comes with a “Load of Footnotes.”

“For institution, the reporting survey was conducted following a period of significant job displacement in california related to the wildfire and other adverse weather conditions around the us, in the midst of Immigration Picture, More Labor Strikes, and the Beginning of the Impact of Doge on Federal Government Employment, “He said.

– CNBC’s Gabriel Cortes Contributed to this Report.