The unemployment rate for African Americans reached an all-time low in 2017, according to jobs numbers released by the Labor Department on Friday.
As of December, only 6.8 percent of black people seeking employment were unable to find a job, breaking the previous record of 7 percent in 2000, and down from 16.8 percent in 2010.
The white unemployment rate was 3.7 percent, and the overall rate was 4.1 percent in December.
Some other key numbers
The manufacturing industry, something President Donald Trump focused on boosting, gained nearly 200,000 new jobs in 2017 after losing jobs in 2016.
Construction added 210,000 jobs, bars and restaurants 250,000, and health care 300,000.
Overall, 2.1 million new jobs were added to the economy last year. That’s down from 2.2 million in 2016 and 2.7 million in 2015, but that trend is expected after 87 straight months of job gains.
The struggling retail industry lost 67,000 jobs last year.
Wages grew by 2.5 percent in 2017, although that growth rate is a bit slower than the Federal Reserve prefers, according to CNN Money. Sluggish wage growth could be a byproduct of low unemployment rates.
For the full report from the U.S. Labor Department, click here.