Black unemployment was horrible during the reign of Barack Obama but it is now getting better.
Is the fall in black unemployment due to the presidency of Donald Trump? Since many of the President’s plans for lower taxes and less regulation have not yet come to pass, it is difficult to say that Trump has created an economic environment that encouraged jobs for African Americans. But decline in black unemployment may reflect the optimism of both the blacks that decided to enter the job market and the employers who decided to hire them.
Breitbart reports, “Black Unemployment at Lowest Level in 17 Years.”
Unemployment among black Americans ages 16 years and over fell to 7.5 percent in May, its lowest level since December 2000.
Black unemployment has been on the decline since February — falling from (February) 8.1, (March) 8.0, (April) 7.9, and (May) 7.5 percent, according to data from the Bureau of Labor Statistics.
The national unemployment rate in May was 4.3 percent, its lowest level since May 2001.