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Posted on 01/05/2018 8:06:09 AM PST by E. Pluribus Unum
Bureau of Labor Statistics reports 6.8 percent unemployment rate for black workers in December, lowest in the 45 years the data has been tracked.
Unemployment overall was 4.1 percent.
Unemployment among black workers is at its lowest since at least the early 1970s, when the government began tracking the data.
The black unemployment rate of 6.8 percent in December was the lowest since the Bureau of Labor Statistics started tracking it in 1972, a year in which the rate ranged from 11.2 percent and 9.4 percent. In the 45 years the data has been tracked, the unemployment rate for black or African American workers aged 16 years and older has never fallen below 7 percent.
(Excerpt) Read more at cnbc.com ...
This proves three things:
Global Warming is real.
Trump is a Racist.
Russia stole the election.
and in related news, Democrats everywhere are sh***ing their pants.
MSM will just credit Hussien for it......
Darn that racist Trump! Darn him to heck...
“Bureau of Labor Statistics reports 6.8 percent unemployment rate for black workers in December, lowest in the 45 years the data has been tracked. “
BLS gives out good news for ‘blacks’. BLM says it will protest.
“Thank you, Obama!”
So, Trump did more for blacks in under one year than Obama did in 8 years.
The first elected African-American POTUS, Barack Hussein Obama did absolutely nothing to increase African-American employment during his eight year reign as POTUS. In fact, Obama did everything he possibly could to keep you all locked in to his economic, political slave plantation, where you continued to wallow in poverty that was unending by purpose.
A big ditto also goes to both the Congressional Black Caucus & the NAACP. You can also add in BLM, “Black Lives Matter”, for they have no idea what having and holding a job that brings freedom and dignity means!!! Also, thank Hillary Clinton, Joe Biden, Chuck Schumer and Nancy Pelosi...”NOT”!!!
Now...African-Americans asleep at the life reality, wheel, thank the real folks that made decent paying job opportunities abound for you and all Americans, POTUS Donald J. Trump and the Republican, Conservative Party. You foolish and ignorant souls are surely not the sharpest knives in the drawer. You have no idea where your “butter” of quality life really comes from. Sad...really Sad!!!
The lefty blogs are already accusing the president of “cooking” the numbers.
8yrs of a black president just couldn’t or wouldn’t do it.
He's literally insane.
Winning! Pure free marketers on the right also said that Trump would damage the economy. It wasn’t just liberals.
Yes, the likes of Krugman will be assigning praise similar to that.
You know, if a coach's team does bad, and they bring in a new coach, and the team starts winning, do they give credit to the previous failed coach?
Its the same BLS.
I suspect this President has let it be known that “if you have been ‘fleecing’ Uncle Sam and making a living on the dole, the free ride is over. Get a Job!
Trump economic policies thrive
Women and minorities hardest hit
Democrats strategize how to derail economic prosperity on behalf of the middle class
Can you even imagine where we’d be if Clinton or SANDERS had won?
Democrats will claim Obama is responsible for this. So will the Kenyan.
http://www.aei.org/publication/thomas-sowell-on-the-differential-impact-of-the-minimum-wage/
Before federal minimum wage laws were instituted in the 1930s, the black unemployment rate was slightly lower than the white unemployment rate in 1930. But then followed the Davis-Bacon Act of 1931, the National Industrial Recovery Act (NIRA) of 1933 and the Fair Labor Standards Act (FLSA) of 1938 – all of which imposed government-mandated minimum wages, either on a particular sector or more broadly...
...By 1954, black unemployment rates were double those of whites and have continued to be at that level or higher. Those particularly hard hit by the resulting unemployment have been black teenage males.
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