Black Unemployment Rate Hits All-Time Low - Breitbart
In the month of December, the unemployment rate for black Americans dropped to just 6.8 percent, which is the lowest ever recorded. Prior to this month, the previous record was 7.4 percent in 2000.
The government has been tracking unemployment by race for 45 years, since 1972.
Average hourly earnings rose 0.3% from the previous month, and are up 2.5% when compared to last year.
With unemployment so low, job growth should mean wage gains. More jobs than people looking for them puts employees in the driver’s seat. Also good news for workers is the Trump administration’s crackdown on illegal immigration. This can only mean better wages and more job opportunities, especially for unskilled, entry, and blue-collar workers — those who have been left behind more than any other group.
In the month of December, the unemployment rate for black Americans dropped to just 6.8 percent, which is the lowest ever recorded. Prior to this month, the previous record was 7.4 percent in 2000.
The government has been tracking unemployment by race for 45 years, since 1972.
Average hourly earnings rose 0.3% from the previous month, and are up 2.5% when compared to last year.
With unemployment so low, job growth should mean wage gains. More jobs than people looking for them puts employees in the driver’s seat. Also good news for workers is the Trump administration’s crackdown on illegal immigration. This can only mean better wages and more job opportunities, especially for unskilled, entry, and blue-collar workers — those who have been left behind more than any other group.
