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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 ...
* 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.
The unemployment rate has fallen to even lower levels under Biden than it did for Trump. Unemployment has fallen 2.4 percentage points under Biden’s term so far, while rising 8.5 percentage ...
Trump rejected the legitimacy of the unemployment rate under Biden ... Under President Trump, yearly income went up by more than $6,000. That’s a record. More than $6,000. Think of that.”
Today, the unemployment rate is at 4.1 percent and President Biden has overseen the lowest end of term unemployment since Bill Clinton. GDP growth has been gangbusters has been close to 3 percent.
The post White House takes victory lap as Black unemployment remains low appeared first on TheGrio. “One of the things that the president has done with his plan is make sure that we invest in ...
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