The U.S.' Colorblind Jobs Boom Under Trump Continues

Investor's Business Daily | 7/9/2018 | Staff
smilingbearsmilingbear (Posted by) Level 4
Click For Photo: https://www.investors.com/wp-content/uploads/2018/07/EDIT1-jobs-070618-AP.jpg

'Inclusive' Boom: It may be a surprise, but President Trump is nowhere near as unpopular among minority voters as the biased mainstream media suggest. Why is that? In a word, jobs.

Trump, it turns out, has been the most consequential president in history when it comes to minority employment. In June, for instance, the unemployment rate for Hispanics and Latinos 16 years and older fell to 4.6%, its lowest level ever, from 4.9% in May. The previous all-time low was 4.8%.

Unemployment - Low - % - May - %

African-American unemployment bounced up from its all-time low of 5.9% in May to 6.5% in June. But that 6.5% still represents the second-lowest unemployment reading ever for Black Americans.

As for Asian-Americans, unemployment similarly bounced off its all-time low of 2.1% in May, rising to 3.2%. And that's still 0.6 percentage point lower than when Trump entered office.

Get - IBD - Analysis - Action - News

Get exclusive IBD analysis and action news daily.

SIGN UP NOW!

News - Minority - Employment - Reports - June

Consider all the good news about minority employment when you hear reports of June's "disappointing" jobs data.

The truth is, the ripping jobs growth that began when Trump entered office and picked up steam after his tax cuts has been good for everyone in America — even liberal media pundits.

Trump - Policies - Minorities - Average - Minority

And it's also been good for Trump. Because quietly, he is winning over those who have benefited most from his policies: Minorities. On average, minority unemployment has dropped 18% since Trump entered office in January of 2017. More than 2 million people have dropped off food stamps and returned to work.

Despite a relentless media barrage aimed at Trump and...
(Excerpt) Read more at: Investor's Business Daily
Wake Up To Breaking News!
If you're not living on the edge, you're taking up too much room.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!