via Fox News by Justin Haskins
Democratic warnings that President Trump would make life worse for minorities were discredited once again Friday, with the release of new unemployment statistics for December. In just under one year in office, the president and the Republican Congress have helped minorities make dramatic gains.
Since taking the reins from President Obama, President Trump and the GOP-controlled Congress have embraced free-market and pro-liberty economic policies. Now – after a year of reducing regulations, approving a tax cut, and encouraging stricter standards for numerous welfare programs at the state level – the economy is thriving. Working-age minorities are benefitting in ways they have rarely, if ever, have enjoyed in the modern era.
The U.S. Labor Department reported Friday that the unemployment rate for African-Americans fell to 6.8 percent in December – the lowest rate since recordkeeping began in 1972. That’s an astounding drop from the 8.3 percent black unemployment rate in October 2016, just before Donald Trump was elected president.
Hispanic unemployment was at a near-record low of 4.9 percent in December – down from 5.7 percent the month before the election of President Trump. Additionally, there were four months in 2017 in which the Hispanic seasonal unemployment fell below 5 percent – the only time that has occurred in a single year over the past 44 years.
Asian-Americans, the demographic group that typically has the lowest unemployment rate, enjoyed a 2.5 percent unemployment rate in December – the lowest figure since 2006.
The overall U.S. unemployment rate in December was 4.1 percent, matching the lowest level in 17 years – down from 4.9 percent in October 2016.
In addition to putting more Americans to work, President Trump’s economic and job-creation policies are creating once-in-a-lifetime economic opportunities.
The Trump-era economic gains are allowing more and more families to move off welfare rolls and enjoy self-sufficiency and the pride that comes with regular work.
Under the Obama administration, welfare programs were expanded dramatically. Many policies that have a proven record of keeping people from getting trapped in a cycle of poverty – such as work requirements and time limits for working-age able-bodied people collecting government assistance – were temporarily removed or watered down. This disproportionately affected blacks and Hispanics, especially in lower-income urban regions.
The economic gains made because of the Trump administration’s policies, coupled with states’ efforts to improve welfare programs, have had the opposite effect.
The complete opinion piece here > Trump keeps his promise: Blacks and Hispanics do better with him than Obama