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Economy Adds 223K Jobs; Black Unemployment Down Slightly

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*The U.S. jobs report for June, 2015 was released today over all, things continue to go in the right direction in general. Even unemployment for African Americans edged down slightly to 9.5 percent from 10.2 percent in May, according to the US Dept. of Labor.

Unfortunately, Blacks still make up the largest unemployed sector. But overall, U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low.

The numbers show the job market moving close to full health and raising expectations that the Federal Reserve will start raising interest rates as early as September.

On the one hand the overall June numbers are good news for President Obama, but of course it’s a reminder that he’s basically failed at lowering the unemployment rate for brothers and sisters, although it’s not like he hasn’t tried to push job creation and expansion before an apathetic Congress.

As Newsone pointed out, he touched on economic disparities in employment opportunities for Blacks during his eulogy for the Rev. Clementa C. Pinckney in the wake of the massacre at Emanuel AME church in Charleston, S.C.

“Maybe we now realize the way racial bias can infect us even when we don’t realize it, so that we’re guarding against not just racial slurs, but we’re also guarding against the subtle impulse to call Johnny back for a job interview but not Jamal,” the president said.

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