President Trump’s economy is delivering big time for black Americans.
The unemployment rate for blacks dropped to 5.9 percent in May, significantly lower than the April rate of 6.6 percent.
The Washington Examiner reports:
The unemployment rate for black workers hit new record lows in May, the Labor Department’s Bureau of Labor Statistics reported Friday.
Black unemployment fell sharply to 5.9 percent, beating out the 6.6 percent record low that was set a month earlier.
The unemployment rate for Hispanic workers hit a record low in April, at 4.8 percent, but it rose slightly to 4.9 percent in May.
The unemployment gap between whites and blacks narrowed “to a historic 2.4 percentage points.”
The Washington Post reported on the drop in the overall unemployment rate:
The overall unemployment rate hit 3.8 percent, the lowest it has been since April 2000. Since 1955, after a postwar period of below-3-percent unemployment, the rate has been lower than it is now — 3.8 percent — in 27 months. Before 2000, the most recent time the unemployment rate was so low was in 1970.
Before the report was released, President Trump sent a Tweet saying he was looking forward to seeing it.
Looking forward to seeing the employment numbers at 8:30 this morning.
— Donald J. Trump (@realDonaldTrump) June 1, 2018
Rising employment opportunities for black Americans is bad news for Democrats.
President Trump is delivering for the forgotten men and women including black Americans.