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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 ...
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 ...
CBO forecasts that the 2017 Tax Act will increase the sum of budget deficits (debt) by $2.289 trillion over the 2018–2027 decade, or $1.891 trillion after macro-economic feedback. [107] CBO and JCT estimate of the distribution of impact by income group (average dollars per taxpayer) under the Tax Cuts and Jobs Act.
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 ...
What was the unemployment rate under Trump? According to Bureau of Labor Statistics, unemployment during Trump's presidency peaked in April 2020 at 14.8%, heavily due to the COVID-19 pandemic.
The unemployment rate sat at 3.5% in February 2020 but jumped to 14.8% during the pandemic. The unemployment rate now is lower than when Trump left office, but it ticked up in recent months.
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