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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 ...
CNN reported in September 2020 that GDP grew 4.1% on average under Democrats, versus 2.5% under Republicans, from 1945 through the second quarter of 2020, a difference of 1.6 percentage points. [3] In February 2021, The New York Times reported: "Since 1933, the economy has grown at an annual average rate of 4.6 percent under Democratic ...
Trump rejected the legitimacy of the unemployment rate under Biden ... was down $2,080 from 2020. So where did Trump get the assertion that real incomes have “gone down by $7,400” under Biden?
The highest monthly rate during Biden’s presidency was 9.1% in June 2022, compared to a peak of 2.9% under Trump in June and July 2022, according to consumer price index data from the Bureau of ...
Biden responded to Trump's claims by repeating that the strong economy under Trump's presidency was inherited from the Obama administration, and that Trump has aggravated the economic impact of the pandemic, including the need for 42 million Americans to file for unemployment. [288]
“One of the things that the president has done with his plan is make sure that we invest in Black […] The post White House takes victory lap as Black unemployment remains low appeared first on ...
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 ...