Black Unemployment Hits Record Low, Black-White Unemployment Gap Shrinks to Smallest

[ziggy]

The unemployment rate for African-Americans fell to the lowest level ever recorded in August, dropping from 6 percent to 5.5 percent.
One result: the persistent gap between white and black unemployment also narrowed to its smallest on record.

The unemployment ratio has averaged around 2 to 1 or so for decades, meaning the black unemployment rate is typically twice the white unemployment rate. In good times, the unemployment rate of whites and blacks falls but the gap remains. And in bad times, the unemployment rate for whites and black rises, but black unemployment typically remains around twice that of white employment.

A year ago, the black unemployment rate stood at 6.6 percent while the white unemployment rate was 3.4 percent, meaning black unemployment was 185 percent of white unemployment.

In August, the gap narrowed so that black unemployment was under 162 percent of white unemployment. That is the smallest gap ever in records going back to January 1972.

This is particularly remarkable because it comes at a time of remarkably low unemployment. Prior to the Trump era, the last time the gap fell below 170 percent was in August of 2009, when the black unemployment rate was 14.8 percent and the white unemployment rate was 8.9 percent. Back then the gap declined because white unemployment was increasing at a faster clip than the already sky-high black unemployment.

In other words, the decline in employment inequality now is undeniably the best on record because it comes in the context of falling unemployment.

https://www.breitbart.com/economy/20...smallest-ever/

[Celticguy]

Why is it that only the GOP improves the lives of blacks ?
Even the mulatto president didnt help them.

Yall dont have to stay on the plantation anymore.

[CharacterAssassin]

Why is it that only the GOP improves the lives of blacks ?
Even the mulatto president didnt help them.

Yall dont have to stay on the plantation anymore.

Black unemployment was falling under Obama, sily whore.

This is merely the continuation of that trend.

And the GOP is desperately trying to disenfranchise black and brown voters.

Please try and be be less of a whore.

[reagansghost]

oopsy!

MarketWatch: Jobs report called ‘meh’ as hiring slows

[Darth Omar]

The unemployment rate for African-Americans fell to the lowest level ever recorded in August, dropping from 6 percent to 5.5 percent.
One result: the persistent gap between white and black unemployment also narrowed to its smallest on record.

The unemployment ratio has averaged around 2 to 1 or so for decades, meaning the black unemployment rate is typically twice the white unemployment rate. In good times, the unemployment rate of whites and blacks falls but the gap remains. And in bad times, the unemployment rate for whites and black rises, but black unemployment typically remains around twice that of white employment.

A year ago, the black unemployment rate stood at 6.6 percent while the white unemployment rate was 3.4 percent, meaning black unemployment was 185 percent of white unemployment.

In August, the gap narrowed so that black unemployment was under 162 percent of white unemployment. That is the smallest gap ever in records going back to January 1972.

This is particularly remarkable because it comes at a time of remarkably low unemployment. Prior to the Trump era, the last time the gap fell below 170 percent was in August of 2009, when the black unemployment rate was 14.8 percent and the white unemployment rate was 8.9 percent. Back then the gap declined because white unemployment was increasing at a faster clip than the already sky-high black unemployment.

In other words, the decline in employment inequality now is undeniably the best on record because it comes in the context of falling unemployment.

https://www.breitbart.com/economy/20...smallest-ever/

Yeah, but Obama lol.

[CharacterAssassin]

Yeah, but Obama lol.

LOL! It started falling, drastically, under Obama.

Why are you such an ignorant whore?

https://data.bls.gov/timeseries/LNS14000006

[Darth Omar]

LOL! It started falling, drastically, under Obama.

Why are you such an ignorant whore?

https://data.bls.gov/timeseries/LNS14000006

Your obedience doesn’t go unappreciated lol!

What has Trump done to screw it up? That’s your ‘selling point’ going into 2020.

[Bill]

Didn't trump use to say all these #'s are fake??

19 times Trump called jobs numbers ‘fake’ before they made him look good

If there was any argument over whether Trump was flip-flopping on the jobs report at the precise moment it reflected positively on him, White House press secretary Sean Spicer laid it to rest Friday afternoon, telling reporters: “I talked to the president prior to this, and he said to quote him very clearly: 'They may have been phony in the past, but it’s very real now.' ”

Let's take a walk down memory lane and remember a few times Trump trashed the jobs numbers as “fake,” incomplete or something other than the right way to determine whether America had been made “great again.”

Sep. 7, 2012

“Unemployment rate only dropped because more people are out of labor force & have stopped looking for work. Not a real recovery, phony numbers”

Oct. 19, 2012
"7.8% unemployment number is a complete fraud as evidenced by the jobless claims number released yesterday. Real unemployment is at least 15%”

Aug. 11, 2013
“We can rev up this economy like it should be, not with false numbers like 7.4 percent unemployment. But with real numbers.”

May 31, 2014
“Unemployment is a totally phony number.”

June 16, 2015
“Our real unemployment is anywhere from 18 to 20 percent. Don't believe the 5.6. Don't believe it.”

Aug. 11, 2015
“Then you hear there's a 5.4 percent unemployment. It's really — if you add it up, it's probably 40 percent if you think about it.”

Aug. 30, 2015
“They show those phony statistics where we are 5.4 percent unemployment. The real number, I saw a number that could be 42 percent, believe it or not.”

Sept. 28, 2015
“I hear 5.3 percent unemployment, that is the biggest joke there is in this country. That number is so false.”

Sept. 29, 2015
“The number is not reflective. I have seen numbers of 24 percent. I saw a number of 42 percent unemployment. … That number is so false.”

Oct. 9, 2015
“They say 5.3 percent employment. The number is probably 32 percent.”

Oct. 11, 2015
“Nobody has jobs. … It is not a real economy. It is a phony set of numbers. They cooked the books.”

Jan. 17, 2016
“Look again, you hear these phony jobs numbers? People that gave up looking for jobs? They are considered employed.”

Feb. 9, 2016
“Don't believe those phony numbers when you hear 4.9 and 5 percent unemployment. As high as 35 — as in fact, I heard recently, 42 percent.”

March 12, 2016
“The numbers are phony. These are all phony numbers. Numbers given to politicians to look good. These are phony numbers.”

May 24, 2016
“You hear a 5 percent unemployment rate. It's such a phony number. That number was put in for presidents and for politicians so that they look good to the people.”

July 7, 2016
“The phony 5 percent numbers that we hear about with the unemployment.”

Aug. 8, 2016
“The 5 percent figure is one of the biggest hoaxes in modern politics.”

Nov. 4, 2016
“The terrible jobs report that just came out … you can see phony numbers, 5 percent.”

Dec. 8, 2016
“The unemployment number, as you know, is totally fiction.”

Given Trump's interest in the subject, it's highly likely that this list is incomplete.

[cawacko]

This gets posted over and over but nothing is going to change politically. For starters black voters aren't different than other Democratic voters, they'll credit Obama. Republican Presidents prior have cut taxes and deregulated industry and that didn't win over black voters. Nor have I seen any black people saying this trade war is good for the black community so that's not winning Trump (or the GOP) new voters.

[Celticguy]

Black unemployment was falling under Obama, sily whore.

This is merely the continuation of that trend.

And the GOP is desperately trying to disenfranchise black and brown voters.

Please try and be be less of a whore.

Blacks, please ignore the massa's taunts.
You are not required to stay on the plantation.

[CharacterAssassin]

Your obedience doesn’t go unappreciated lol!

What has Trump done to screw it up? That’s your ‘selling point’ going into 2020.

Fun to see you eat your own words and run from your own post when presented with actual data.

[CharacterAssassin]

Blacks, please ignore the massa's taunts.
You are not required to stay on the plantation.

Why do you hate yourself for being black?

[CharacterAssassin]

Didn't trump use to say all these #'s are fake??

19 times Trump called jobs numbers ‘fake’ before they made him look good

If there was any argument over whether Trump was flip-flopping on the jobs report at the precise moment it reflected positively on him, White House press secretary Sean Spicer laid it to rest Friday afternoon, telling reporters: “I talked to the president prior to this, and he said to quote him very clearly: 'They may have been phony in the past, but it’s very real now.' ”

Let's take a walk down memory lane and remember a few times Trump trashed the jobs numbers as “fake,” incomplete or something other than the right way to determine whether America had been made “great again.”

Sep. 7, 2012

“Unemployment rate only dropped because more people are out of labor force & have stopped looking for work. Not a real recovery, phony numbers”

Oct. 19, 2012
"7.8% unemployment number is a complete fraud as evidenced by the jobless claims number released yesterday. Real unemployment is at least 15%”

Aug. 11, 2013
“We can rev up this economy like it should be, not with false numbers like 7.4 percent unemployment. But with real numbers.”

May 31, 2014
“Unemployment is a totally phony number.”

June 16, 2015
“Our real unemployment is anywhere from 18 to 20 percent. Don't believe the 5.6. Don't believe it.”

Aug. 11, 2015
“Then you hear there's a 5.4 percent unemployment. It's really — if you add it up, it's probably 40 percent if you think about it.”

Aug. 30, 2015
“They show those phony statistics where we are 5.4 percent unemployment. The real number, I saw a number that could be 42 percent, believe it or not.”

Sept. 28, 2015
“I hear 5.3 percent unemployment, that is the biggest joke there is in this country. That number is so false.”

Sept. 29, 2015
“The number is not reflective. I have seen numbers of 24 percent. I saw a number of 42 percent unemployment. … That number is so false.”

Oct. 9, 2015
“They say 5.3 percent employment. The number is probably 32 percent.”

Oct. 11, 2015
“Nobody has jobs. … It is not a real economy. It is a phony set of numbers. They cooked the books.”

Jan. 17, 2016
“Look again, you hear these phony jobs numbers? People that gave up looking for jobs? They are considered employed.”

Feb. 9, 2016
“Don't believe those phony numbers when you hear 4.9 and 5 percent unemployment. As high as 35 — as in fact, I heard recently, 42 percent.”

March 12, 2016
“The numbers are phony. These are all phony numbers. Numbers given to politicians to look good. These are phony numbers.”

May 24, 2016
“You hear a 5 percent unemployment rate. It's such a phony number. That number was put in for presidents and for politicians so that they look good to the people.”

July 7, 2016
“The phony 5 percent numbers that we hear about with the unemployment.”

Aug. 8, 2016
“The 5 percent figure is one of the biggest hoaxes in modern politics.”

Nov. 4, 2016
“The terrible jobs report that just came out … you can see phony numbers, 5 percent.”

Dec. 8, 2016
“The unemployment number, as you know, is totally fiction.”

Given Trump's interest in the subject, it's highly likely that this list is incomplete.

BOOM!

[PostmodernProphet]

The unemployment rate for African-Americans fell to the lowest level ever recorded in August, dropping from 6 percent to 5.5 percent.

damn you, Trump!.....

[Darth Omar]

Fun to see you eat your own words and run from your own post when presented with actual data.

Why do you run from questions you don’t like?