The mainstream media pushes the narrative that President Donald Trump is "racist" and that he has been far worse for minorities than was Barack Obama.
That's why it came as a surprise to many this week when new numbers from the Bureau of Labor Statistics blew this narrative out of the water.
The numbers show that Trump has actually provided more jobs for blacks and hispanics than Obama ever did. Unemployment in the black community is down from 8 per cent last November to 7.3 per cent now, and labor force participation rate in the African American community rose from 61.9 per cent in November 2016 to 62.2 per cent last month.
Among Hispanics, unemployment went down in the past year from 5.7 per cent to 4.7 per cent, and labor force participation rate held steady, dipping from 65.7 per cent to 65.6 per cent.
“All Americans continue to see results from the president’s bold economic agenda,” White House spokeswoman Lindsay Walters told The Daily Signal:
"While overall unemployment in November remained at a nearly 17-year low, the rate is also at historic lows among several groups, including Hispanics—where it is the lowest in at least 44 years—and African-Americans—where it is at its lowest levels since 2000."
These numbers show that Trump is following through on his campaign promise to bring jobs back to the American people. Obama was always more interested in getting people on welfare than he was in incentivizing them to get jobs, but Trump has taken the opposite approach, as he is not a believer in government handouts.
The media loves to talk about how "racist" Trump is, but they never offer any evidence to back up this assertion, particularly when he's doing so much to boost the economy and employment opportunities for Americans, regardless of their race.
A better indicator of labor market strength is the U-6 unemployment rate, a broader measure that many economists consider the real unemployment rate. It counts people as unemployed for a year (rather than just 30 days) after they give up their job search and counts people as unemployed who are working part time because they are unable to find full time jobs. At 8.4 percent, this measure has dropped a full percentage point since January and is now at its lowest level since November 2007, the month before the recession began.
The percentage of Americans working is also higher. The four months following President Trump’s inauguration are the only months since February 2009 in which 60 percent or more of Americans were employed. For prime working age Americans, or those 24 to 55 years old, the percent employed has increased to levels last seen in late 2008.
And, the jobs are better. Since February, the number of people working full time has increased by 589,000 while the number working part time decreased by 188,000. For the comparable period last year, full time workers increased 22,000 and part time workers increased 75,000.
Given these numbers, it’s not surprising that the Department of Labor recently reported an impressive drop in initial claims for unemployment insurance. For the four-week period ending June 3, the moving average was 1.92 million people, the lowest level recorded for this average since Jan. 12, 1974 when it was 1.90 million. Notably, there are 68 million more people in the labor force today than there were in 1974.
People are also making more money. The independent research firm Sentier recently reported that median household Income has surged since the beginning of the year to $59,361, and “finally surpassed” the level when Sentier began compiling the data in January 2000, which was $58,846. It actually increased more in the first three months of the Trump presidency (about $1,300) than it did during the entire seven and a half years of the Obama recovery
This claim is completely wrong. In fact, Obama created roughly ten times the jobs for Blacks than Trump did.
Using January, which is when they were actually inaugurated, and seasonally adjusted Black numbers,
01/09 Jobs, 15841k, Unemp. 12.7
01/17 jobs, 18445, unemp 7.7
11/17 Jobs 18694 unemp 7.3
Change under Obama: 2,604k -5.0%
Change under Trump: 249k, -0.4%.
Accessible here: https://www.bls.gov/webapps/legacy/cpsatab2.htm
The link provided in the main article doesn’t address Hispanics at all, nor does the BLS specifically track them in these data.
Yes, the rate is at a long time low, but that was also true before Trump, and pushing it further required relatively low rates of job creation.
By contrast we will look like stagflated deindustrialized backwater in 2 years.
https://www.youtube.com/watch?v=fPf-G4RYkgw
Both Clintons supported Byrd
https://www.youtube.com/watch?v=dKiWpb7di_E
… It is the Left that is racist. The Left is founded on the philosophy of collectivism- both socially and economically. They are the ones who are unable to recognize and respect others as individuals.
… However, the Left has no issue with their own dishonesty and hypocrisy. There is only what feels good to them, and suits their narrative.