President Donald Trump is taking credit for a newly released report by the Bureau of Labor Statistics which reveals the lowest unemployment rate among Black workers since the early 1970s, when the government began tracking the data.
The Black unemployment rate of 6.8 percent reported in December represents the lowest since 1972, when the rate among African-Americans ranged from 11.2 percent to 9.4 percent.
“The African American unemployment rate fell to 6.8%, the lowest rate in 45 years. I am so happy about this News! And, in the Washington Post (of all places), headline states, ‘Trumps first year jobs numbers were very, very good,’” Trump tweeted Saturday.
However, the report also shows that in the 45 years since the data has been tracked, unemployment among African-American workers 16 years and older has yet to fall below 7 percent.
During 2017, the Black unemployment rate rose to 8 percent in March and fell back to 7 percent in September before falling again in December. By comparison, the unemployment rate by December for White workers hovered at about 3.7 percent.