Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Black Unemployment Rate Rises, Inflation Debate Heats Up

Unemployment rate unchanged but signs point to cooling jobs market

President Joe Biden and former President Donald Trump are both actively seeking to gain support from Black voters as they vie for the presidency in the upcoming election. This demographic group holds significant sway in determining the outcome of the election.

During a recent debate, Biden highlighted the low unemployment rate among Black Americans, claiming it to be at its lowest level in a long time. However, the data does not support this assertion. The Black unemployment rate actually increased to 6.3% last month from 6.1% in May. In April of the previous year, the rate had reached a record low of 4.8%. It is worth noting that the previous record low of 5.3% was achieved during the Trump administration.

Record low Black unemployment rate of 4.8% was in April of the previous year.
Black unemployment rate increased to 6.3% from 6.1% last month.
Previous record low of 5.3% was achieved during the Trump administration.

It is important to recognize that even when the Black unemployment rate hit new record lows under both administrations, it still remained higher than the overall national unemployment rate.

On the other hand, Trump criticized Biden for allegedly causing inflation, which he claimed was negatively impacting Black families. While it is true that inflation has risen significantly since Biden assumed office, it is inaccurate to attribute the entire responsibility for this trend to him.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.