Chronometer

Thursday, June 29, 2017

BLACK UNEMPLOYMENT LOWEST in 17 years
In the months since Donald Trump became America's 45th president, the unemployment rate among black people has hit the lowest number since 2000.

In February, the Bureau of Labor Statistics (BLS) reported the black unemployment rate at 8.1, but the number dropped to 8.0 in March, 7.9 in April, and 7.5 in May.

During most of Barack Obama's presidency, black unemployment was in double digits, hitting a high mark of 16.8 in March 2010. Between July 2008 (during the financial crisis) and February 2015, the rate remained above 10 percent.

Black unemployment has not been this low since December 2000, when 7.4 percent of African-Americans looking for work were unable to find it.