Black Unemployment Hits New Low for 6th Time Under Trump
Numbers like these are why the Democrats are obsessed with impeachment. When you can't talk about the economy, what can you talk about?
Here, via Project 21, are the latest and lowest black unemployment numbers.
The U.S. Bureau of Labor Statistics (BLS) just released its October employment report, which shows a 3.6 percent overall unemployment rate – with black unemployment at only 5.4 percent. This is the lowest level recorded since the BLS began tracking jobless figures by race in 1972.
According to a Project 21 analysis of BLS data, this is the sixth time the black jobless rate has hit a new low during the Trump Administration. Over the last decade, the highest level of black unemployment was 16.8 percent in March 2010. This most recent decline in black unemployment began in February.
“Once again, unemployment for blacks in the U.S. has reached a record low. Trump’s policies of deregulation and low taxation have created one of the best environments for job creation in a generation,” said Project 21 Co-Chairman Horace Cooper. “When Americans – black or white – have a job and are independent and self-sustaining they are happier, their families are better off and the economy booms. This is a welcome change that should be applauded as well as maintained into the future.”
Previously, we had seen a 5.5% black unemployment rate.
There have never been more Black and Hispanic Americans in the workforce, Friday’s Labor Department job report showed.
The jobless rate for Hispanics hit a record low of 3.9% in September, while African Americans maintained its lowest rate ever, 5.5%.
Time to beat the drums for impeachment some more.