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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 ...
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 ...
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 ...
In fact, according to the Bureau of Labor Statistics, the Black unemployment rate fell to 4.8% in April 2023 — an all-time low. Before that, the Black unemployment rate was as high as 10.2% in ...
The unemployment rate when Trump took office was 4.7%; when Trump left office, the unemployment rate was 6.3%, [211] which is above the median historical norm (5.6% is the median U.S. unemployment rate for all months since 1948). [212]
* The COVID-19 pandemic and the Great Resignation had a dramatic influence in statistics presented, including a sharp increase in unemployment rate at the time of changes from Trump to Biden. Annualized change in unemployment rate over each presidency from Truman to Biden, ordered from best-performing to worst-performing economic performance.
Trump noted African-American employment rates during his State of the Union address, but the Black Caucus appeared less than thrilled with the data point.
Bureau of Labor Statistics released its January jobs report Friday, and it showed the black unemployment rate shot up to 7.7 percent. New job report statistic disproves Trump's talking point on ...