As shown in figure 1, unemployment rates ranged from 3.9 percent for whites to 4 percent for Asians,  6  Staff calculations from forthcoming SCF data (to be released on September 27); for additional analysis of these data, see Bricker and others (forthcoming).
Moreover, gains in payroll employment averaged nearly 200,000 jobs per month over the past year. During the economic recovery so far, payroll employment has increased by about 8-1/2 million jobs since its low point, and the unemployment rate has declined about 3-3/4 percentage points since its peak. While conditions in the labor market have improved appreciably, they are still far from satisfactory.