Black unemployment news is good but more has to be done: National Urban League [CNBC]
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Source: CNBC
The U.S. still needs to focus on making the paychecks of average Americans go further, says National Urban League CEO Marc Morial. Workers of all races want paychecks to grow relative to the expenses that they have, and those are mortgages, those are rents, those are bread, milk, shoes for their children, he says. Published 1 Hour Ago CNBC.com show chapters Marc Morial, CEO of civil rights organization the National Urban League, applauded the latest black unemployment numbers, but told CNBC on Friday that more needs to be done to help workers. The unemployment rate for blacks fell to 5.9 percent in May, hitting the lowest level since the government started to record that data in 1972. Also of note is that the gap between the black unemployment rate and the white unemployment rate has narrowed, Morial said on Power Lunch . However, instead of focusing on being celebratory, he wants the government to fo
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