Under President Trump, the black unemployment rate fell to historically low levels, a fact that Democrats and the media never acknowledged.
This week, Democrats, the media and the Biden administration are bragging about the new jobs report, but failed to mention that the black unemployement rate is going up.
It’s amazing how selective they can be with the facts when it serves their purposes.
Labor Participation Drops in July As Black Unemployment Increases
The United States Department of Labor reported on Friday that 528,000 jobs were added in July, reducing the unemployment rate to 3.5 percent, down 0.1 percent from June’s read and a significant increase from the 372,000 jobs added in June.
July’s report outlined better economic news with several metrics returning to their pre-pandemic levels, but still showed that there are 900,000 more Americans who are not in the labor force but want a job compared to February 2020.
This is the key passage:
And while the Biden administration has been obsessed with diversity, equity, and inclusion, the Biden economy saw black unemployment tick up in July, from 5.8 percent to 6.0 percent — even while unemployment rates for other demographics decreased.
To their credit, CNBC actually mentioned this: