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Black Unemployment Rate At Record Low

Will this presidential election be the most important in American history?

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.

Rising employment opportunities for black Americans is bad news for Democrats.

President Trump is delivering for the forgotten men and women including black Americans.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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