Surprise U.S. unemployment rate drop leaves out blacks, Asians
Share:
(Reuters) - The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdowns.U.S. unemployment dropped to 13.3% in May from 14.7% in April - defying forecasts for it to approach 20% - as restaurants, bars and other businesses began to reopen and hire back workers let go because of shutdowns meant to..