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Under Bush, Black Unemployment at One...

Under Bush, Black Unemployment at One of Lowest Levels Ever

By: Magnolia Tribune - October 31, 2005

Sweet…

On the 10th anniversary of the Million Man March this month, Louis Farrakhan led what he called the “Millions More Movement,” which, ironically, appeared to have hundreds of thousands fewer attendees.

Here’s a possible explanation: A lot of people had to work that day. After all, anybody keeping up with the African-American unemployment rate would know that it is at one of its lowest levels ever.

George W. Bush is laying a claim to be the President who did the best job creating jobs for blacks. Currently, black unemployment is 9.4%, which is significantly lower than the 10% it averaged in the Clinton years. The current rate is also much lower than the average black unemployment rate over the past 30 years, which is 12.4%.

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.
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