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The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That beat the Trump-era low that was a record at the time, 5.3% in August 2019 and ...
When the peak pandemic period (April 2020 to October 2021) is excluded, Black unemployment averaged 5.86 percent under Biden and 6.65 percent under Trump. Black homeownership averaged 42.2 percent ...
Harris has repeatedly equated Trump’s plan to national sales tax for average Americans. ... What was the unemployment rate under Trump? According to Bureau of Labor Statistics, unemployment ...
The unemployment rate at the end of Trump's term would have been higher but for the 3.9 million people who dropped out of the labor force (i.e., stopped looking for a job) between February 2020 and January 2021 (and are thus not counted in the unemployment rate). [212]
During the 1980s, marginal income tax rates were lowered and the U.S. created 18.3 million net new jobs. During the 1990s, marginal income tax rates rose and the U.S. created 21.6 million net new jobs. From 2000 to 2010, marginal income tax rates were lowered due to the Bush tax cuts and the U.S. created no net new jobs. The 7.5 million created ...
And Biden wants to extend the majority of the Trump tax cuts, too, though he has advocated for hiking taxes on very high earners. ... the Black unemployment rate fell to 4.8% in April 2023 — an ...
Unemployment rate at start of presidency Unemployment rate at end of presidency Change in unemployment rate during presidency (percentage points) Harry S. Truman (data available for 1948–1953 only) Democratic: 1945–1953 3.4% (for January 1948) 2.9% −0.5 (from January 1948 to January 1953) Dwight D. Eisenhower: Republican: 1953–1961 2.9% ...
The monthly jobs report for July that the Bureau of Labor Statistics released Friday said the jobless rate for Black Americans "showed little change." Trump said people of color 'just set a record ...