The gap between white and black unemployment in America is at a record low

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The gap between white and black unemployment in America is at a record low
http://www.businessinsider.com/black-white-unemployment-gap-2017-7

The gap between the black and white unemployment rates in the US shrunk to a record low in June.

According to the Bureau of Labor Statistics, the share of jobless African Americans in the labor force fell to 7.1%, the lowest level since April 2000. It was 1.5 percentage points down from a year ago, and it helped create the smallest gap between white and black employment on record.

7-7-17-black-white-uer-gap-cotd.png
Business Insider/Andy Kiersz, data from Bureau of Labor Statistics

"This trend is exactly what we want to see" as the economy gets closer to full employment, said Elise Gould, a senior economist at the Economic Policy Institute. The rebound in available jobs after the recession has attracted millions of Americans back into the labor force. With the unemployment rate back at a post-recession low, the economy is nearer to the theoretical level of full employment, at which everyone who wants a job and can work is employed.

"While the unemployment rates for workers of color remain far higher than for white non-Hispanic workers, the black unemployment rate has been falling faster than overall unemployment over the last year," she said in a statement after the jobs report.

Overall, the US economy added 222,000 jobs in June, more than economists had expected.

Black unemployment, however, remained much higher than the overall unemployment rate of 4.4%, which in June inched up from a 16-year low.

And, it was greater than the white unemployment rate, which at 3.8%, was lower than the overall rate.

Andy Kiersz/Business Insider; data from FRED
 

Maschine_Man

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black-white-unemployment-rate.png


Is my :cape:ass lying doe??? :sas2:
it "peaked" under Obama, where it went down after that(I'm not blaming Obama either, I'm just addressing the graph). And if we want to go back it REALLY peaked under Reagan.

I don't see where it "peaked" after Obama, or while under Trump, maybe we have a different understanding of what "peaked" means, but from what I see the trend looks like it was continuing to drop.


so yea...looks like you were lying, or maybe it was just a genuine mistake where you misread something and wanted to a get a quick post in for daps..... :sas1:
 

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it "peaked" under Obama, where it went down after that(I'm not blaming Obama either, I'm just addressing the graph). And if we want to go back it REALLY peaked under Reagan.

I don't see where it "peaked" after Obama, or while under Trump, maybe we have a different understanding of what "peaked" means, but from what I see the trend looks like it was continuing to drop.


so yea...looks like you were lying, or maybe it was just a genuine mistake where you misread something and wanted to a get a quick post in for daps..... :sas1:

I was assessing the trend from 2009 (Obama) to 2017 (Trump). So before Trumpset :ufdup:runs to the thread to falsely give credit to Trump I made a simple and factual observation that the gap trend was starting to decline under Obama before it hit the 17 year low peak under Trump.
 

Maschine_Man

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I was assessing the trend from 2009 (Obama) to 2017 (Trump). So before Trumpset :ufdup:runs to the thread to falsely give credit to Trump I made a simple and factual observation that the gap trend was starting to decline under Obama before it hit the 17 year low peak under Trump.
well THAT I can agree with. however, there was no "peaking".

All Trump is doing is CONTINUING the trend that was already started under Obama. He's not responsible for the trend, however he's not stopping it either, so I guess that can be considered some kind of win, considering the doomsday scenarios many ppl had running through their minds. :manny:
 

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Graphs are meaningless and here are several reasons why:

1. 'Percentage points' of what? Total population?
2. (Cont'd.) Black population? Female population? Population over the age of 18?
3. How is this 'percentage' even figured out? Is it a function of population vs. employment availability? Is it even based on population at all?
4. Is this based on a percentage of the workforce or the total workforce?
5. Does this include those working part-time/per diem/etc.?
6. Which regions saw the most 'growth' and which saw the least? Is this based on an average between them?
7. What is the criteria for determining ethnicity?

I could go on for a while, but I think that's enough to question the validity and purpose of this.......report.
 

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u can't possibly believe Trump is already having a bigger impact than Obama's 8 years

Also, remember that Obama inherited the great recession. Trump inherited a recovery

Based on the graph the credit would solely go to Obama since the trend was going down before Trump got in office. I'm just observing that it didn't hit the 17 year low until 6 months under Trumps term
 

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well THAT I can agree with. however, there was no "peaking".

All Trump is doing is CONTINUING the trend that was already started under Obama. He's not responsible for the trend, however he's not stopping it either, so I guess that can be considered some kind of win, considering the doomsday scenarios many ppl had running through their minds. :manny:

Fair. Obama gets credit for the leg work. Trump gets credit for not f*cking it up.
 
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