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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 economy. By many measures, the economy is in a far better place than it was when Biden took office. The unemployment rate has recovered from its pandemic-era spike and has stayed below 4.5% ...
* 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 ...
Contrastingly, Seawright said, “No other president can run the comparison chart of what Joe Biden has done on record for Black people, from insurance to unemployment to jobs to investments.”
Among the presidents from Jimmy Carter to Donald Trump, Bill Clinton created the most jobs at 18.6 million, while Ronald Reagan had the largest cumulative percentage increase in jobs at 15.6%. This computation treats the base month as the December before the month of inauguration and last month as December of the final full year in office. [ 2 ]
Trump job numbers vs. Biden-Harris job numbers. Trump also claimed Wednesday the economy functioned better during his presidency than Biden’s term and that unemployment will rise if Vice ...