KEY POINTS
  • The unemployment rate for Black Americans dipped to 5.9% in April, a pandemic-era low.
  • The Black unemployment rate in April was still significantly higher than that of the U.S. overall.
Pedestrians walk past the New York Stock Exchange in New York.

The unemployment rate for Black Americans dipped to a pandemic-era low in April, marking a new milestone in the labor market recovery from the Covid crisis.

Headline numbers showed a strong labor picture last month. The U.S. added 428,000 nonfarm payrolls in April, better than economists expected, and the overall unemployment rate held steady at 3.6%, the Bureau of Labor Statistics reported Friday.