African-American jobless rate drops sharply to new record low

[Catholic Crusader]

African-American jobless rate drops sharply to new record low
https://www.marketwatch.com/story/a...te-drops-sharply-to-new-record-low-2018-06-01

The African-American unemployment rate dropped to a record low 5.9% in May, the Labor Department said Friday.

The jobless rate for African-Americans has been coming down since 2011.

“We have reached...another all-time record low in African-American unemployment,” President Donald Trump said Friday. “We’re very honored by that.”

The unemployment rate for African-American teenagers has fallen to 19.8% from a high of 48.9% in 2010.

In the last three months, the unemployment rate for African-American women has dropped to 4.7% from 6%.

The jobless rate for whites is 3.5% and the employment gap between the races is the smallest since the government started to release this data in 1972.

 

[The Barbarian]

So, it's been falling since Obama's first term, and Trump is responsible for that? Do you think a rooster believes it makes the sun rise by crowing about it? lain:

 

[Catholic Crusader]

The Democrats cause it to shoot so high when they took the Congress that it had nowhere to go; Obama had nothing to do with the drop. The Republicans taking back the Congress from the destructive Democrats in 2010 helped.

 

[Catholic Crusader]

(editing)

 

[The Barbarian]

Looking at the unemployment rate, we see a dramatic drop in the rate during Obama's watch, followed by a leveling off in Trump's first year and a half.

Do you think a rooster believes it makes the sun rise by crowing about it?

 

[Catholic Crusader]

.....Do you think a rooster believes it makes the sun rise by crowing about it?

Actually, in your snotty stupidity, you accidentally told the truth. Markets and companies react to a presidents stated intentions and goals. Trump's outlook and plans were the right ones, and just by stating his intentions things got better.

So the answer is YES, but again, you are too ignorant to know it.