Trump boasted he had the ‘best Black unemployment numbers’ in history, but Black unemployment is nearly double the white jobless rate

During Thursday’s last presidential debate with former Vice President Joe Biden, President Trump claimed, as usual, that he had the best Black job figures. He went on to boast that he had the finest Black employment figures in the country’s history. It was true that Black American unemployment touched a low of 5.4 percent in October of last year, beating the previous record of 5.5 percent set in August of that year. But that’s not the entire picture; even at its lowest, Black employment was still 1.7 times that of white unemployment (3.2 percent) over the same period. You might be interested to see black hiring official site

According to a news release published by the Associated Press, persons are only counted as jobless if they are actively looking for work. The declines in the unemployment rate were mostly the result of fewer jobless Black Americans seeking work and subsequently dropping out of the labor field. The Bureau of Labor Statistics employs an alternate technique known as labor under-utilization measures, which includes many additional indicators to present a more comprehensive picture of the labor market. Some metrics are more limiting than the overall unemployment rate. U1, for example, is an indicator that counts jobless persons who have been out of work for 15 weeks or more. hire black people without any hassle through this portal

Some metrics are more narrowly defined, such as U6, which gauges persons who are employed but can only work a fraction of the hours they desire. According to a BLS analysis, Black Americans outperformed the general population on all alternative metrics of labor underutilization in 2019. Similarly, the record low unemployment rate among African-Americans proved fleeting. Even before the pandemic, Black People’s unemployment rates were as high as 6% in December and January of 2020. Following the Covid -19 pandemic, things spiraled out of control, with the jobless rate skyrocketing to more than 16% in April. This resulted in the exclusion of half of all Black Americans from the workforce.

This is where Trump goes wrong, claiming that the American economy had the highest employment rates for Black Americans, Hispanic Americans, and Asian Americans in August. However, according to the BLS’s monthly jobs report for July, Black employment decreased by less than 1% between June and July. Furthermore, according to the same BLS data, Hispanic unemployment rates fell from 13 percent to 12.1 percent and from 10.5 percent to 10.3 percent from August to September, respectively. The United States had an overall employment rate of 8% in September.

Throughout the pandemic, racial inequalities in the labor force increased the gap between Black and white unemployment rates. As a result, white individuals had a higher rate of employment than Black people.