Boo hoo, Trump is smarter than he let's on..

[GMDino]

(06-27-2017, 09:34 AM)Vlad Wrote: “Black unemployment has been on the decline since February — falling from (February) 8.1, (March) 8.0, (April) 7.9, and (May) 7.5%, according to data from the Bureau of Labor Statistics.

https://www.bls.gov/news.release/pdf/empsit.pdf

http://www.npr.org/2017/01/29/511493685/ahead-of-trumps-first-jobs-report-a-look-at-his-remarks-on-the-numbers

Quote:Trump repeatedly claimed during the campaign that the federal government was understating the real unemployment rate.



"Don't believe these phony numbers," Trump told supporters early last year. "The number is probably 28, 29, as high as 35 [percent]. In fact, I even heard recently 42 percent."


Trump's nominee for treasury secretary, Steven Mnuchin, echoed that sentiment during his confirmation hearing.


"The unemployment rate is not real," Mnuchin told the Senate Finance Committee. "I've traveled for the last year. I've seen this."



The Labor Department actually publishes a variety of unemployment statistics, though none comes close to the figures Trump cited. The headline number of 4.7 percent counts only those who have actively looked for work in last four weeks.