In the 2016 campaign, Trump said to the crowd of black voters... :What the hell do you have to Lose?" - asking them to vote for him.
The historically low black unemployment rate has become one of Donald Trump’s favorite statistical claims. It is true that the 2018 black unemployment rate was the lowest it has been since the Bureau of Labor Statistics began reporting it in 1972.
However, Democrats argue that not all credit goes to Trump because the black unemployment had been steadily falling since 2011.
NPR had a news piece of how black residents are migrating to Southern States for better jobs because they have a choice.
As Employment Rises, African American Transplants Ride Jobs Wave To The South = [npr.org]
Do you agree?
Churchill said: there are lies, damned lies & statistics.
You need to understand that the "good Numbers" have as much to do with the way the administration is counting the employed. If you work even one hour per week for pay, you are considered fully employed. This is a massive change from previous administrations where you were not considered employed unless you worked 40, then 32 then 20 hours per week.
exactly...statistics is a game that can be and is played depending on the agenda you wish to achieve...anyone who has taken statistics knows that when you change one element, it changes everything and you are not comparing apples to apples...trump truly does think low of his supporters and he might be right...
@thinktwice I used stat a little in my work, my son is an economist working in a think tank, so we do get some laughs about how stats will say exactly what you want. A major portion of his job is citing all the limiting factors in studies. The clients then decide whether to cite the actual study or gloss over the limfacs.
@glennlab As an accountant, I learned early that I can make numbers say whatever the client wants...yeah...economists and experts like your son are not valued in this administration unless they make him look good by tweaking numbers...use the raw data to come up with the real graphs and stats...
@thinktwice I was nominated for a pulitzer in the fiction category for one of the returns i did.
@glennlab so was trump...
When the economy was bad in Bush and Obama years, we complained. Now it is good, we complained. We must find something bad in every good. Is that it?
Economy does not work perfectly for every person. It is the truth. Capitalism also tilts the scale. The world admits the economy is good. Let us call good when it is good by most common standards.
@St-Sinner We have not had a good economy since the boom of the 50-60s, we have had passable periods, but in no period did the middle class grow and leisure time increase since then. The normal post war recovery after Vietnam was interrupted by Reagan supplu side economics and has remained in the shitter since then. In the 1950s and 60s, we had a majority of single earner families, and that was all that was needed, something that has never been true again. Trickle down has never worked, and this has been the longest it has ever been allowed to exist.
@glennlab So people who have been happy under the roaring economies under Clinton and Obama - Trump periods are wrong? The majority of people only measure the economy by one word. - Jobs.
What you are talking about is quality and the structure of the economy. That is a different discussion. There is controlled capitalism, there is capitalism on the loose, there is democratic capitalism. Republican capitalism is uncontrolled capitalism where you give all controls to job creators. I agree that it has not worked. But in every country in the world, every economy has critics - one way or another. No one has found a perfect economic philosophy.
Pete Buttigieg said the Chinese capitalism model is being touted around the world.
Tech and professional jobs are plentiful in the warmer climates for a reason...companies like the warm climate! They like the tax offering, the lower cost of utilities, cheaper housing cost, etc. The article is geared to a specific group of blacks relocating to the South..upwardly mobile...Atlanta was already nearly 80% black when I was there in 1980...I moved there for the exact same reason...no professional jobs in the North...they were South or in California and Arizona...warm states...pockets of blue, like Atlanta and Charlotte are where northern transplants want to go...they are way more progressive than the rest of the state...
The downward trend since 2009 for everyone is lower with the largest gap being for black men. Too bad the wage gap and benefits gap are not equally distributed...more employed does not mean gainfully employed...
I agree that the job prospects are certainly picking up in some regions. The South seems to be attractive for many reasons and not just job growth. It may be the cost of housing and other lifestyle expenses in the North/Midwest that make the south attractive to young families. But I doubt all the insulting things DT has said and all the incompetence/corruption of his presidency will be forgotten by people of color regardless of employment conditions. And let's not forget that many Americans are having a hard time covering the expenses of health care, student debt, consumer debt, and may have 2 jobs to live the middle class lifestyle. And the jobs may not have good benefits like vacation, medical insurance, pensions, or sick day. People are in debt up to their eyeballs and household savings are at an all time low. Not to mention the savings of people near retirement. It's not all a rosy happy picture even if DT wants to try to convince us otherwise. Farmers and Retail businesses are feeling the pinch of the trade wars. Jobs are only one aspect of the economy to consider after all.
Redlining did goes on, just like gerrymandering!
Unemployment rates usually lag behind inflation rates by 3-5 years, due to the likely hood of jobs to be exported to other countries when inflation rates are high. Inflation rates have been low for a long time, and that has allowed job growth in the US.