President Trump says job growth is booming under his watch, but it has slowed down
Claiming he has created 3 million jobs since his election, President Donald Trump touted his record of job growth to a cheering crowd Monday at a Florida rally.
"For African-Americans, (unemployment is at) the lowest level ever recorded," Trump told the cheering crowd. "And I'm really proud of that."
Like all demographic groups, African-American and Hispanic workers have benefited from tighter labor markets that accompany the latter stages of the recovery. But unemployment among those two groups remains stubbornly higher than the average level for all workers.
And while the rates for those two groups are near the lowest levels since the data series began in 1972, they remain roughly at levels seen at the low point reached during the height of the last economic expansion during the Bush administration.
Trump also cited the decline in the jobless rate among women, and went on to claim that progress among workers in that demographic are especially noteworthy.
"So that means if you're a woman and Hispanic or a woman and African-American, you're really doing well, right?" Trump said.
In fact, the jobless rate among Hispanic and black women is substantially higher than for white women – or for the average worker.
https://www.cnbc.com/2018/04/16/job-growth-slows-under-trump.html
Claiming he has created 3 million jobs since his election, President Donald Trump touted his record of job growth to a cheering crowd Monday at a Florida rally.
"For African-Americans, (unemployment is at) the lowest level ever recorded," Trump told the cheering crowd. "And I'm really proud of that."
Like all demographic groups, African-American and Hispanic workers have benefited from tighter labor markets that accompany the latter stages of the recovery. But unemployment among those two groups remains stubbornly higher than the average level for all workers.
And while the rates for those two groups are near the lowest levels since the data series began in 1972, they remain roughly at levels seen at the low point reached during the height of the last economic expansion during the Bush administration.
Trump also cited the decline in the jobless rate among women, and went on to claim that progress among workers in that demographic are especially noteworthy.
"So that means if you're a woman and Hispanic or a woman and African-American, you're really doing well, right?" Trump said.
In fact, the jobless rate among Hispanic and black women is substantially higher than for white women – or for the average worker.
https://www.cnbc.com/2018/04/16/job-growth-slows-under-trump.html
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