Trump's 'new deal for blacks' was dealt from the bottom of the deck
BY JESSE JACKSON May 8, 2018 African-American unemployment has reached its lowest levels ever. President Donald Trump boasts about this on the stump, naturally claiming credit for a recovery that began after his predecessor, Barack Obama, saved an economy that was in free fall. Trump says he’s delivering on his promised “new deal for blacks.” Don’t fall for the hype. A low topline unemployment rate is a good thing. Tight labor markets force employers to compete for workers. More African Americans who are too often the last hired find jobs. Those who have lousy jobs are more confident about looking for better ones. Even harsh employers like Wal-Mart find it necessary to lift wages to attract and keep decent workers. Wages should start going up. But we haven’t seen much of that in this economy. That’s because while the topline rate is down, it doesn’t count millions who have given up looking for work and have dropped out of the work force. Only if the economy continu...