AsianTrumpSupporter
Platinum Member
Here’s why the black unemployment rate hit a 16 ½-year low
..But how about when you break down the 4.3% unemployment rate by race? Two groups fall below the overall level — with the white unemployment rate at 3.7% and the Asian unemployment rate at 3.5%. Meanwhile, the Hispanic unemployment rate is 5.2% and the black unemployment rate is 7.5% — its lowest level since December 2000...
..Both Kolko and Shierholz say that a tightening labor market has benefited all workers, including African Americans, and increased the likelihood they’ll find jobs.
“We’re in a job market where job seekers have more of the power. Employers might turn some of their essential skill requirements into ‘nice to haves’ instead. This opens up opportunities to more people,” Kolko said.
“Workers across the board are benefiting from a tight labor market,” said Shierholz. “Employers know they have to offer decent pay and compensation packages in order to get and keep the workers they need, shifting bargaining power in a real fundamental sense toward workers.”...
Four more years! #MAGA
..But how about when you break down the 4.3% unemployment rate by race? Two groups fall below the overall level — with the white unemployment rate at 3.7% and the Asian unemployment rate at 3.5%. Meanwhile, the Hispanic unemployment rate is 5.2% and the black unemployment rate is 7.5% — its lowest level since December 2000...
..Both Kolko and Shierholz say that a tightening labor market has benefited all workers, including African Americans, and increased the likelihood they’ll find jobs.
“We’re in a job market where job seekers have more of the power. Employers might turn some of their essential skill requirements into ‘nice to haves’ instead. This opens up opportunities to more people,” Kolko said.
“Workers across the board are benefiting from a tight labor market,” said Shierholz. “Employers know they have to offer decent pay and compensation packages in order to get and keep the workers they need, shifting bargaining power in a real fundamental sense toward workers.”...
Four more years! #MAGA