Lower unemployment is associated with a lower Black–white unemployment rate ratio: Overall unemployment and the Black–white unemployment ratio at business cycle peaks
| Unemployment rate | Black–white unemployment ratio | |
|---|---|---|
| (1979) | 5.9 | 2.4 |
| (1989) | 5.2 | 2.5 |
| (2000) | 4.0 | 2.1 |
| (2007) | 4.7 | 2.2 |
| (2019) | 3.6 | 1.7 |
Source: Author’s analysis of Current Population Survey data from the Bureau of Labor Statistics (BLS-CPS 2021).