Figure G
Lower unemployment is associated with a lower Black–white unemployment rate ratio: Overall unemployment and the Black–white unemployment ratio at business cycle peaks
Unemployment rate | Black–white unemployment ratio | |
---|---|---|
(1979) | 5.9 | 2.4 |
(1989) | 5.2 | 2.5 |
(2000) | 4.0 | 2.1 |
(2007) | 4.7 | 2.2 |
(2019) | 3.6 | 1.7 |
Source: Author’s analysis of Current Population Survey data from the Bureau of Labor Statistics (BLS-CPS 2021).
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