U.S. Payrolls Rise 213,000, Wage Gains Slow

The video discusses the creation of 213,000 jobs, with unemployment rising to 4% and EU 6 unemployment at 7.8%. Average hourly earnings were lower than expected, affecting the year-over-year growth. African American unemployment increased to 6.5%. Despite these figures, the report is not negative, with significant job gains in manufacturing and construction. Retail saw job losses, largely due to a rise in the labor force participation rate. The report has no major implications for the Federal Reserve but may impact the administration's narrative.

What was the change in African American unemployment rate mentioned?

What does the report suggest about the labor force participation rate?