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Black unemployment: Record low set in 2023 under Biden. 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 ...
It dropped even further under President Joe Biden, to a new low of 4.8% in April 2023. ... Black unemployment has crept up to 6.1% along with the national rate, which has climbed from a low of 3.4 ...
In 2019, Black unemployment fell to 5.9 ... take-home pay adjusted for inflation rose three times faster for Black workers when Biden was president. The percentage of Blacks without health ...
But the recovery for Black Americans has lagged over the past two years. As of December 2021, the Black unemployment rate stood at 7.1%, still well away from pre-pandemic levels.
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
The White House press secretary also highlighted that since taking office in January 2021, the Black unemployment rate dropped from 9.2% to 5.9%. She explained, “2.3 million more Black Americans ...
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 ...
The Biden White The post White House touts historic low Black unemployment rate appeared first on TheGrio. “It’s an incredible milestone,” Bharat Ramamurti, deputy director of the White ...