3 ms·
That makes sense; it's just impossible for the unemployment rate to be so low without leveling across groups that had high unemployment.
by joshuanapoli 6y ago
That makes sense; it's just impossible for the unemployment rate to be so low without leveling across groups that had high unemployment.
- WillPostForFood 6y agoYes, and conversely, during recessions, the poor get it worse. If you look at black poverty rates for the last ~60 years, it has declined overall, from ~55% to ~20%. But you can see every recession or economic dip in the graph as a bump in poverty rate.