Black faith in Trump yields fruit: latest jobs report shows unemployment rate at all-time low
Even more striking, the gap between black and white unemployment has never been smaller, according to the Bureau of Labor Statistics.
VIDEO: [Fox News] Candace Owens explains why the narrowing gap between black and overall unemployment rates is of enormous psychological significance to African Americans.
Overall, the black unemployment rate dipped dramatically in May — falling more than half a percentage point from April’s 6.6 percent. Generally, month-to-month changes in unemployment are more likely to stay within a smaller range, around a tenth of a percentage point.
“Looking at the trend for blacks or African-Americans, it is very clear that their unemployment rate has fallen markedly over the past seven years,” said Evan Cunningham, an economist at the BLS. “The decline thus far in 2018 looks to be a continuation of this same trend.”
There is still a significant gap when it comes to who gets jobs by race. Over the years, economic reports have struggled to find a single reason why.
This article continues at [NPR] The Most Surprising Number In Friday’s Jobs Report