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Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
Unemployment among black workers is at its lowest since at least the early 1970s, when the government began tracking the data.
The black unemployment rate of 6.8 percent in December was the lowest since the Bureau of Labor Statistics started tracking it in 1972, a year in which the rate ranged from 11.2 percent to 9.4 percent. In the 45 years the data has been tracked, the unemployment rate for black or African-American workers aged 16 years and older has never fallen below 7 percent.
Unemployment rate - Black or African-American - since 1972
Source: Bureau of Labor Statistics
Through last year, the black unemployment rate rose to 8 percent in March and fell back to 7 percent in September before falling again in December. The unemployment rate for white workers was 3.7 percent in December.
Overall, non-farm payrolls rose 148,000 in December, falling short of the 190,000 expected, according to data released Friday. The national unemployment rate was 4.1 percent. There was an unexpected loss of 20,000 retail jobs during the holiday season.