Unemployment Rate - 20 Yrs. & over, Black or African American Men
LNS14000031 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
6.06%
Date Range
1/1/1972 - 7/1/2025
Summary
Measures unemployment rates for Black or African American men aged 20 and older. Critical indicator of labor market inclusivity and economic opportunity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Tracks percentage of unemployed Black men over 20 seeking work. Provides essential insights into racial economic disparities.
Methodology
Calculated through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used to assess economic equity and labor market participation for specific demographic groups.
Key Facts
- Highlights demographic employment challenges
- Important equity and economic mobility indicator
- Reflects broader socioeconomic trends
FAQs
Q: How is this unemployment rate calculated?
A: Measured through monthly surveys of Black men aged 20+ actively seeking employment.
Q: Why is this specific unemployment rate important?
A: Reveals economic opportunities and challenges for Black men in the labor market.
Q: How frequently is the data updated?
A: Monthly updates through the Current Population Survey by BLS.
Q: What factors influence this unemployment rate?
A: Education, economic cycles, systemic barriers, and industry-specific employment trends.
Q: How does this rate compare to overall unemployment?
A: Typically higher than national average, reflecting persistent economic disparities.
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Citation
U.S. Federal Reserve, Unemployment Rate - 20 Yrs. & over, Black or African American Men (LNS14000031), retrieved from FRED.