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The Independent UK
The Independent UK
National
Eric Garcia

Black unemployment at lowest level ever recorded as US adds 253,000 jobs

the Federal Reserve US Federal Reserve United States Interest Rates
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Black unemployment reached a historic low as the US economy added 253,000 jobs despite a torrent of news about bank failures and the Federal Reserve raising interest rates.

African-American unemployment reached 4.7 per cent, the Bureau of Labor Statistics reported, the lowest recorded level in history, according to former Obama administration economic adviser Jason Furman.

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