Verifiable PROOF Trump is a r****t
Sep 9, 2019 08:56:09 #
Black Unemployment Shatters Another Historic Low
Petr Svab ~ September 8, 2019
The unemployment rate among b***k A******ns reached 5.5 percent in August—a historic low. That’s down from 6 percent the month before and 0.4 percentage point below the previous record in May 2018.
Black unemployment has been breaking records since December 2017, when it dropped to 6.7 percent. That was the first time the rate broke below the 7 percent mark, according to the Bureau of Labor Statistics (BLS) data, which reaches back to 1972. The only time the rate even hit 7 percent before 2017 was in April 2000, for a single month, shortly before the dot-com bubble burst.
The new record is somewhat counteracted by the labor-force participation rate among b****s dropping to 62.2 percent in August, from 62.7 percent the month before. Fewer people in the labor force would cut the unemployment rate even if the number of unemployed remained the same. Yet, black labor-force participation was even lower in June—61.9 percent—and the unemployment rate was still 6 percent then, indicating that the employment situation has indeed improved since then.
The per capita median income of b****s was about 40 percent below that of w****s and 50 percent below that of Asians in 2017, based on Census Bureau data.
But over the past year, the lowest earners got a significant leg up.
In early 2018, it was high-wage industries with the fastest salary growth (about 3 percent). But over the past year, annual growth has been strongest in low-wage industries—about 4.7 percent—according to an Aug. 2 data analysis by Martha Gimbel, research director at the job-seeking site Indeed.
Job Growth
The economy added 130,000 jobs in August, down from a growth of 159,000 a month earlier. The BLS revised the July growth from 164,000, and revised the June number to 178,000 from 193,000.
Job growth has slowed in recent months, at least partly due to the U.S.–China trade conflict. The economy, however, is still adding, on average, more than the 100,000 jobs a month necessary to keep up with population growth.
As a result, the overall unemployment rate stayed at 3.7 percent in August.
The rate only includes people who sought a job in the past four weeks. When including people who sought a job at least in the past 12 months, as well as those with part-time employment who want a full-time job, the rate increased to 7.2 percent in August from 7 percent in July.
Petr Svab ~ September 8, 2019
The unemployment rate among b***k A******ns reached 5.5 percent in August—a historic low. That’s down from 6 percent the month before and 0.4 percentage point below the previous record in May 2018.
Black unemployment has been breaking records since December 2017, when it dropped to 6.7 percent. That was the first time the rate broke below the 7 percent mark, according to the Bureau of Labor Statistics (BLS) data, which reaches back to 1972. The only time the rate even hit 7 percent before 2017 was in April 2000, for a single month, shortly before the dot-com bubble burst.
The new record is somewhat counteracted by the labor-force participation rate among b****s dropping to 62.2 percent in August, from 62.7 percent the month before. Fewer people in the labor force would cut the unemployment rate even if the number of unemployed remained the same. Yet, black labor-force participation was even lower in June—61.9 percent—and the unemployment rate was still 6 percent then, indicating that the employment situation has indeed improved since then.
The per capita median income of b****s was about 40 percent below that of w****s and 50 percent below that of Asians in 2017, based on Census Bureau data.
But over the past year, the lowest earners got a significant leg up.
In early 2018, it was high-wage industries with the fastest salary growth (about 3 percent). But over the past year, annual growth has been strongest in low-wage industries—about 4.7 percent—according to an Aug. 2 data analysis by Martha Gimbel, research director at the job-seeking site Indeed.
Job Growth
The economy added 130,000 jobs in August, down from a growth of 159,000 a month earlier. The BLS revised the July growth from 164,000, and revised the June number to 178,000 from 193,000.
Job growth has slowed in recent months, at least partly due to the U.S.–China trade conflict. The economy, however, is still adding, on average, more than the 100,000 jobs a month necessary to keep up with population growth.
As a result, the overall unemployment rate stayed at 3.7 percent in August.
The rate only includes people who sought a job in the past four weeks. When including people who sought a job at least in the past 12 months, as well as those with part-time employment who want a full-time job, the rate increased to 7.2 percent in August from 7 percent in July.
Sep 9, 2019 10:00:14 #
JFlorio
Loc: Seminole Florida
Parky60 wrote:
b Black Unemployment Shatters Another Historic Lo... (show quote)
Could you imagine the praise from the MSM Obama would have received for these numbers?
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