April 24, 2024

Black, Hispanic unemployment rates hit record lows in April.

The unemployment rate for black workers hit the lowest on record in April, according to the latest jobs figures released by the Bureau of Labor Statistics Friday.

The unemployment rate for black workers dropped to 6.6 percent, beating the previous record low of 6.8 percent set in December.

The jobless rate for Hispanics fell to 4.8 percent, tying the record reached last year and in 2006.

Meanwhile, unemployment for white Americans stood at 3.6 percent.

“There’s a heck of a lot of good news in this report,” Kevin Hassett, chairman of the White House Council of Economic Advisers, said of the numbers on Fox Business.

President Trump has trumpeted the historically low unemployment rates for minorities seen in recent months. While the situation for those groups has continued to improve on his watch, though, unemployment rates for black Americans and others have been falling for over half a decade.

Source: Washington Examiner

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