In 2023, the unemployment rate of African Americans in the United States stood at 5.5 percent. This was over the national average of 3.6 percent.

The high rate of unemployment

There are many reasons why the unemployment rate among minorities is different than the national average. When it comes to African Americans, a large part of this is due to historical events, such as slavery and the struggle for civil rights, as well as the number of Black families living below the poverty level. Additionally, in 2019, for every 100,000 of the population, there were 2,203 Black men in prison. This high rate of imprisonment can contribute to the unemployment rate for African Americans, since having been in prison can reduce one’s chances of finding a job once released.

Earning differences

African Americans also make less money than other ethnicities in the United States. In 2020, the median weekly earnings of African Americans were 794 U.S. dollars, compared to Asians, who made 1,310 U.S. dollars per week, and whites, who made 1,003 U.S. dollars per week. While the African American unemployment rate may be low, it is clear that much has to change in order to achieve full equality.

Unemployment Rate in Canada decreased to 6.90 percent in June from 7 percent in May of 2025. This dataset provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in the United Kingdom increased to 4.70 percent in May from 4.60 percent in April of 2025. This dataset provides the latest reported value for - United Kingdom Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Spain increased to 11.36 percent in the first quarter of 2025 from 10.61 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Spain Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, the gross median household income for Asian households in the United States stood at 112,800 U.S. dollars. Median household income in the United States, of all racial and ethnic groups, came out to 80,610 U.S. dollars in 2023. Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, Black, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. with 8.6 percent unemployed, according to the Bureau of Labor Statistics in 2021. Hispanic individuals (of any race) were most likely to go without health insurance as of 2021, with 22.8 percent uninsured.

In 2018, the average inflation rate in Kenya amounted to about 4.69 percent compared to the previous year, a significant decrease from 7.99 percent the year prior. Forecasts see Kenya’s inflation levelling off at around five percent in the near future.

Kenya sees economic growth

Kenya’s economic growth has been quite steady these past few years and is still on the rise – except for a little dip in 2017, which is no real reason for concern. Gross domestic product (GDP) is forecast to almost double by 2024, and unemployment, although still above 10 percent, is on the decline. Although Kenya may not be among the leading countries on the Human Development Index (HDI) yet, but these economic trends plus demographic key factors like a declining infant mortality rate and a life expectancy at birth that has increased by a decade over the same time span show that Kenya is definitely on the way.

A brief look at Kenya’s economy

Kenya’s market-based economy is considered East Africa’s finance and transportation hub. Most of Kenya’s GDP is generated by services, especially travel and tourism, but agriculture is also quite successful, as it contributes about a third to GDP. The country exports less than it imports, and its leading exports are mostly commodities like tea and coffee. Imports include petroleum, machinery, and metals. Subsequently, Kenya’s trade balance is in the red, however, national debt is decreasing.