New Data from the Bureau of Labor Statistics showcases that the Black Unemployment rate has hit its lowest since the 1970s.
Unemployment among black workers is at its lowest since at least the early 1970s, when the government began tracking the data.
The black unemployment rate of 6.8 percent in December was the lowest since the Bureau of Labor Statistics started tracking it in 1972, a year in which the rate ranged from 11.2 percent to 9.4 percent. In the 45 years the data has been tracked, the unemployment rate for black or African-American workers aged 16 years and older has never fallen below 7 percent.
Unemployment rate – Black or African-American – since 1972
Source: Bureau of Labor Statistics
Through last year, the black unemployment rate rose to 8 percent in March and fell back to 7 percent in September before falling again in December. The unemployment rate for white workers was 3.7 percent in December.
Now, although it is true that we saw black unemployment slide during the Obama administration it was nowhere near as successful as what has happened under Donald Trump.
We explain here: