Black Unemployment Was at 4.7% Under Biden...Its Now at 7.1%

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To the surprise of absolutely nobody, black unemployment has skyrocketed under Trump. Currently its at 7.1%. Biden got it down to 4% after inheriting a rate of 9.1%....



I hope black voters remember this in November.
NEW YORK TIMES -

Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.

The Biden years masked the job market because of woke initiatives.
 
1) ok
2) the fact he's won, repeatedly.
Won what? Being used as a lapdog flunky. Give me one bill Scott has pushed that amounted to anything.
3) sure, i've repeatedly shown you've lied.
You've repeatedlyshown you're a coward. Waiting for you to show where this is in error. The Republican goal, we can see that from the racist SC decision and how quickly Southern states moved to gerrymander districts in black dominated areas, like Memphis TN for example. Next year there will be ONE black Republican senator and NO black republican Congressmen. In the mind of a boot licker ONE black GOP Senator shows the party of inclusion.
4) ok, don't know who he is, or keep up with TX politics.
Oh now you don't know who Wesley is. Let me help you out.

Screenshot_20260501_212222_Instagram.webp
 
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View attachment 1252719


To the surprise of absolutely nobody, black unemployment has skyrocketed under Trump. Currently its at 7.1%. Biden got it down to 4% after inheriting a rate of 9.1%....



I hope black voters remember this in November.
Trump has made it crystal clear that America and Americans are NOT at the top of his priority list. Making real estate deals and making the Epstein donor class rich is his only real concern. That's why he repeatedly talks about "the Stock Market." For him ... that's the only measure of a President's success. Nothing else matters.
 
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Ok, that’s fair. So trump inherited Obama unemployment trend and Biden rode the coat tails of Covid.

But let me ask you, Obama lowered unemployment by borrowing money to support industry to hire people, and trump continued decline in unemployment by deregulation and tax cuts. Which version is worse?
What? Trump borrowed money almost twice as fast as Obama.
 
Not in his first term. And actually, not now either beyond the federal government.

Key Aspects of the 2025-2026 Federal DEI Pivot
  • Targeting Contractor DEI: The March 26, 2026, Executive Order requires federal contractors to certify they do not engage in discriminatory DEI activities, with strict compliance monitoring.
  • Elimination of Agency Programs: Executive orders have directed federal departments to dissolve diversity councils, remove DEI training materials, and put staff associated with these initiatives on administrative leave.
    • Redefining Gender/Sex Policies: New policies define "sex" as a biological binary, moving to remove gender identity considerations from federal workplaces and funding.
    • Focus on Merit-Based Policies: Official rhetoric emphasizes replacing DEI frameworks with merit-based opportunities, claiming that previous DEI practices were wasteful and illegal.
    • Legal Scrutiny: The EEOC and federal courts are increasingly utilized to evaluate whether DEI policies violate Title VII of the Civil Rights Act. [1, 2, 3, 4, 5, 6, 7]
 
Trump's policies did little to decrease black unemployment, and it's time these MGATS stop trying to give him credit for something he did not do.
 
Obama inherited a depression, and he had to spend to stimulate the economy. MAGATS seem to forget that.
Nah he inherited a recession and policies he voted for that were getting us out

Then he took office and didn’t want to let the crisis go to waste so he passed massive bailouts to his fiends, driving up UE to double digit two years later and telling Americans it was the new normal
 
Trump's policies did little to decrease black unemployment, and it's time these MGATS stop trying to give him credit for something he did not do.
The sad part is you have a black woman on here that runs to defend this racist administration and party.
 
The sad part is you have a black woman on here that runs to defend this racist administration and party.
I am beginning to believe that struth is a white man doing internet lackface.
 
It wasn’t it was a rising UE rate when he took office and had to work to reverse the trend
6% when he took office and over a year later it is 7%, he has worked to cause it to go up. Explain to me why 300K black women have lost their jobs since Trump took office.
 
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15th post
6% when he took office and over a year later it is 7%, he has worked to cause it to go up. Explain to me why 300K black women have lost their jobs since Trump took office.
Actually, all races are losing their jobs. The job market sucks big league. Like I said earlier, Americans are NOT on Trump's priority list.
 
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The wealthy Trump admin works for the US wealthy citizens! Make the rich great again! lol. :)

👉👉 Broadly speaking. Asset‑led gains (stocks, housing, capital income) have lifted wealthy households’ net worth and spending, while most lower‑and‑middle households have seen weaker wage growth, higher housing and living costs, and smaller savings buffers, so they haven’t shared equally in recent gains.

Key reasons :
  • Assets vs wages: wealthier households get large income from capital (capital gains, dividends); median wages and labor income grew more slowly.
  • Cost pressures: housing, healthcare, and rents rose faster than wages for many households.
  • Safety nets: lower savings and more unsecured debt make poorer households more vulnerable to shocks.
  • Aggregate effect: GDP can look healthy while median household welfare stagnates or worsens.

Recent numbers (top‑1% wealth share, median real household income, poverty rate, and stock ownership rates) for 2024–25 👇👇

Numbers and evidence:

- Top 1% wealth share (2025): ~31.7% of U.S. household wealth (Federal Reserve Distributional Financial Accounts, Q3 2025).

- Real median household income (2024): $83,730 (2024 dollars; not statistically different from 2023) — U.S. Census Bureau report "Income in the United States: 2024".

- Official poverty rate (2024): 10.6% (Census Bureau).

- Household stock ownership (2024–25): ~62% of adults report owning stock (directly or indirectly) in Gallup’s 2024–2025 polling; SCF/FRB data show ownership concentrated among higher‑wealth households.

Interpretation: wealth concentration is high — the top 1% hold about one‑third of wealth while median income is roughly flat and poverty remains above 10%, and stock ownership is common but skewed toward wealthier households; together this supports the view that gains from asset appreciation mainly benefit the wealthy.

sources :

 
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