MAGA! Black Unemployment Rate Hits All-Time Low

In the month of December, the unemployment rate for black Americans dropped to just 6.8 percent, which is the lowest ever recorded. Prior to this month, the previous record was 7.4 percent in 2000.

The government has been tracking unemployment by race for 45 years, since 1972.

The Hispanic unemployment rate remains at a near record low of just 4.9 percent, up just a bit from the record of 4.7 percent in November of last year.

White unemployment sits at 3.7 percent, while only 2.5 percent of Asians are unemployed.

The overall unemployment rate is just 4.1 percent.

With unemployment so low, job growth should mean wage gains. More jobs than people looking for them puts employees in the driver’s seat.

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