Black Unemployment is near an all-time low

OfTheCross

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Keeping my overhead low, and my understand high
ngl, this has been an incredible recovery / re-opening post-covid. :wow: :smugbiden:



Total nonfarm employment increased by 528,000 in July, and the employment rate for prime-age workers rose to 80.0 percent.

Share of 25- to 54-year-olds who are employed, 2007–2022. Recessions are shaded.




The unemployment rate decreased to 3.5 percent in July and remains highest for Black workers (6.0 percent), followed by Latino workers (3.9 percent), White workers (3.1 percent), and Asian American workers (2.6 percent).

U.S. unemployment rate by race, 2019–2022. Recessions are shaded.




Private-sector employment continued to rise in July, while public-sector employment has recovered more slowly and remains below pre-pandemic levels.

U.S. public- and private-sector employment indexed to average employment in 2007




Involuntary part-time work, which represents part-time workers who would prefer full-time work, increased in July, but remains low relative to the past five years.

Percent change in voluntary and involuntary part-time U.S. employment compared to January 2018




Unemployment rates are now 5.9 percent for workers with less than a high school degree and 3.6 percent for high school graduates, and down to 2.8 percent for workers with some college and 2.0 percent for college graduates.

Unemployment rate by U.S. educational attainment, 2019–2022. Recessions are shaded.



 

the cac mamba

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im glad they took this away from trump. huge blow to his "greatest economy ever" bullshyt

trump was trying to downplay the unemployment at cpac the other day. zero bass in his voice :mjlol:
 

OfTheCross

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im glad they took this away from trump. huge blow to his "greatest economy ever" bullshyt

trump was trying to downplay the unemployment at cpac the other day. zero bass in his voice :mjlol:

They haven't taken it away yet. I feel like people still don't know. DT tweeted about this economy every day and the media amplified it.
 

Professor Emeritus

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Bush-cuts.png

fox-news-graph-fail.jpeg

natural inflation , if you don't get the context of the second graph.


Imagine being the staffer making that shyt before it airs. Like there is literally zero reason to graph it like that except to confuse the public, once you put those parameters on the graph then that image doesn't convey any information whatsoever.
 
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