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AMERICANS OF ALL BACKGROUNDS ARE EXPERIENCING ECONOMIC SUCCESS IN THE TRUMP ECONOMY
The strong Trump economy has created an environment where job opportunities are plenty and Americans are lifted out of poverty.
ASSOCIATED PRESS: US Household Income Finally Matches 1999 Peak; Poverty Drops
“The Census Bureau says that median household income rose 0.9% in 2018 to an inflation-adjusted $63,179 from $62,626 in 2017. The poverty rate fell to 11.8%, the lowest annual level since 2001. That improvement reflects increased income over the past several years for many workers in low-wage jobs.”
THE WASHINGTON POST: For The First Time, Most New Working-Age Hires In The U.S. Are People Of Color
“The surge of minority women getting jobs has helped push the U.S. workforce across a historic threshold. For the first time, most new hires of prime working age (25 to 54) are people of color, according to a Washington Post analysis of data the Labor Department began collecting in the 1970s. Minority hires overtook white hires last year. Women are predominantly driving this trend, which is so powerful that even many women who weren’t thinking about working — because they were in school, caring for kids or at home for other reasons — are being lured into employment, according to The Post’s analysis.”
REUTERS: Tight U.S. Labor Market Shrinks Gender And Race Gaps To Record Lows
“A tight U.S. labor market and booming demand in industries with an abundance of female workers is drawing more women back into the workforce, helping to shrink the longstanding gap in the labor participation rate between men and women to the narrowest on record. Other parts of a report released by the Labor Department on Friday showed that the longest economic expansion on record is leading to improvements for workers who are often left on the sidelines. Not only did the unemployment rate for African Americans drop to a record low of 5.5% in August, it narrowed to being 1.62 times the white unemployment rate, the smallest gap ever.”
THE NEW YORK TIMES: Minority Women Are Winning The Jobs Race In A Record Economic Expansion
“…Hispanic women have emerged as the biggest job market winners in an economy that has now grown for 121 straight months, assuming data released in coming months confirms continued growth. Employment rates for Hispanic women between 25 and 54, prime working years, have jumped by 2.2 percentage points since mid-2007, the eve of the Great Recession. That’s the most of any prime-age working group. Black women came in second, adding 1.6 percentage points.”
WASHINGTON EXAMINER: Black Unemployment Rate Hits Record Low
“The unemployment rate among black Americans hit a record low in August, closing in on the gap in unemployment rates between white and black Americans. The Bureau of Labor and Statistics released their August report Friday, which showed the economy gained 130,000 jobs in August with the overall unemployment rate holding steady at 3.7%. The report also showed that black unemployment fell to 5.5%, which is the lowest rate recorded since the Labor Department started tracking the number in the 1970s.”
THE DAILY CALLER: Black Unemployment Hits Record Low, Spurred By Uptick In Employment For Black Women
“The unemployment rate for black workers fell from 6.0% in July to 5.5 % in August, data from the Department of Labor reveals. These number surpass the record low set in May 2018 of 5.9% for black unemployment. These record low numbers are impacted by unemployment numbers for black women. While July numbers revealed unemployment for black women to be at 5.2%, August numbers saw that figure drop to 4.4%.”
CNS NEWS: Hispanic Unemployment Rate Ties All-Time Low
“The number of Hispanics and Latinos employed set a record high in August as their national, seasonally-adjusted unemployment rate matched its record low of 4.2%, U.S. Bureau of Labor Statistics (BLS) data released Friday show. In August, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.2%, down from 4.5% in July, returning to the record low of 4.2% in April and May – which broke the record low of 4.3% set two months earlier in February.”
ASSOCIATED PRESS: Unemployment Rate Hits Record Low For Asian Americans
“The unemployment rate for Asian Americans fell to 2.1% in June, its lowest level on records dating to 2003. The result reflects Asian Americans coming off the sidelines to look for work and finding it.”
BREITBART: 6.2 Million Individuals Off Food Stamps Under Trump
“The most recent USDA data shows that 6,268,285 individuals discontinued their participation in the Supplemental Nutrition Assistance Program (SNAP)— the program in charge of food stamps— since February 2017 when Trump finished his first month as president.”
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