Saturday, January 6, 2018

Black Trump Voters Vindicated As Black Unemployment Falls To Lowest Level Ever

Hot Air  "Do you remember when candidate Trump was courting black votersand asked “What the hell do you have to lose?” during a campaign rally? The line caused some buzz and Trump went on to repeat it. Trump received 8% of the black vote in 2016, besting Mitt Romney’s total in 2012. That 8% must feel vindicated after the good economic news Friday – black unemployment is at a historical low."
During the aftermath of the financial crisis, black unemployment soared to 16.8 percent in 2010, meaning more than 1 out of every 6 African Americans was looking for a job but could not find one. The rate has steadily declined since, breaking the prior all-time low of 7 percent that was set in 2000 during the dot-com boom.” “The white unemployment rate is 3.7 percent. The black-white gap in hiring and pay has existed for decades, with the black unemployment rate typically more than double that of whites. But the gap has narrowed slightly to 1.85 times higher unemployment for blacks instead of 2 times as much.
"That bit of good news is a great way to begin 2018. While Democrats have tried mightily to paint Trump as a racist, the fact is that Democrats embraced Trump until he ran for president as a Republican. Then the inevitable happened. The Republican candidate had to be painted as a racist, true or not. Nonetheless, black workers benefit from the optimism felt in the business community – a rising tide lifts all boats." . . . .

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