Black employment rates up via Trump? Really?

[samintx]

https://www.washingtonpost.com/news/poli...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.

[pdq]

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.

[pdq]

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.

[max]

U-6, the real unemployment rate, we still have some way to go....

pdq wrote:
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.

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 ...

[Speedy]

So those big tax cuts really are going to make a difference! :RollingEyesSmiley5:

max wrote:
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.

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 ...

[pdq]

max wrote:
...as the labor participation rate increases...

But it hasn't. Not over the past year. Click the link I provided above.

[bfd]

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.

[pdq]

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.

[Lux Interior]

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.

[max]

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....