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+--- Thread: Black employment rates up via Trump? Really? (/showthread.php?tid=212763)
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Black employment rates up via Trump? Really? - samintx - 01-17-2018
https://www.washingtonpost.com/news/politics/wp/2018/01/16/no-trumps-approval-among-black-americans-hasnt-doubled/?utm_campaign=d5d7efc7bf-EMAIL_CAMPAIGN_2017_06_06&utm_medium=email&utm_source=CNN%20Media%3A%20Reliable%20Sources&utm_term=.e4703adc9627
FOX news assessment wrong again. But Trump will keep touting it.
Re: Black employment rates up via Trump? Really? - pdq - 01-17-2018
Just FYI, here’s the overall unemployment numbers over recent history:
Do you see the dramatic improvement in employment when Trump took office?
Yeah, neither do I. In fact, the curve may be flattening out, if anything (the graphic above goes to October of last year. The rate in December was unchanged at 4.1%). This is because we are (and were, at the end of 2016) near full employment- there ‘s not a tremendous amount of improvement left to attain after the Obama years.
Re: Black employment rates up via Trump? Really? - pdq - 01-17-2018
This from the most recent data:
Among the major worker groups, the unemployment rate for teenagers declined to 13.6 percent in December, offsetting an increase in November. In December, the unemployment rates for adult men (3.8 percent), adult women (3.7 percent), Whites (3.7 percent), Blacks (6.8 percent), Asians (2.5 percent), and Hispanics (4.9 percent) showed little or no change.
As I mentioned above, this is not too surprising - when you’re near or at full employment, you won’t see much improvement. But we were nearly there last year. One would have hoped that more folks would be pulled into the labor market, since a bunch of folks gave up looking for a job during the great recession. Unfortunately,
The labor force participation rate, at 62.7 percent, was unchanged over the month and over the year.
The unemployment rate is low; we’re near full employment. Yay. But this was also true a year ago, and we shouldn’t expect much improvement going forward.
Re: Black employment rates up via Trump? Really? - max - 01-17-2018
U-6, the real unemployment rate, we still have some way to go....
pdq wrote:Not true at all, we are still not close to full employment in any real sense, and as the labor participation rate increases, the real rise in salaries will also increase as we get closer to the real full employment ...
The unemployment rate is low; we’re near full employment. Yay. But this was also true a year ago, and we shouldn’t expect much improvement going forward.
Re: Black employment rates up via Trump? Really? - Speedy - 01-17-2018
So those big tax cuts really are going to make a difference! :RollingEyesSmiley5:
max wrote:Not true at all, we are still not close to full employment in any real sense, and as the labor participation rate increases, the real rise in salaries will also increase as we get closer to the real full employment ...
U-6, the real unemployment rate, we still have some way to go....
[quote=pdq]
The unemployment rate is low; we’re near full employment. Yay. But this was also true a year ago, and we shouldn’t expect much improvement going forward.
Re: Black employment rates up via Trump? Really? - pdq - 01-17-2018
max wrote:
...as the labor participation rate increases...
But it hasn't. Not over the past year. Click the link I provided above.
Re: Black employment rates up via Trump? Really? - bfd - 01-17-2018
pdq wrote:
[quote=max]
...as the labor participation rate increases...
But it hasn't. Not over the past year. Click the link I provided above.
His computer is blocked from loading that site. Bank on it.
Re: Black employment rates up via Trump? Really? - pdq - 01-17-2018
bfd wrote:
[quote=pdq]
[quote=max]
...as the labor participation rate increases...
But it hasn't. Not over the past year. Click the link I provided above.
His computer is blocked from loading that site. Bank on it.
Well, at least I gave him a link.
Re: Black employment rates up via Trump? Really? - Lux Interior - 01-18-2018
pdq wrote:
Click the link I provided above.
You can lead a horse to water, but if the horse is a Trump supporter/apologist, then they will declare the water "fake" and blame Obama and Clinton for making them thirsty.
Re: Black employment rates up via Trump? Really? - max - 09-05-2018
Lux Interior wrote:
[quote=pdq]
Click the link I provided above.
You can lead a horse to water, but if the horse is a Trump supporter/apologist, then they will declare the water "fake" and blame Obama and Clinton for making them thirsty. No wonder you are thirsty, all the time....