While the aggregate U-3 US unemployment rate fell to its lowest since Dec 1969 (matching the initial jobless claims records), we suspect President Trump will be more glowingly positive about another data item that dropped this morning.
Hispanic unemployment has never been lower than right now…
We look forward to Nancy Pelosi’s explanation of why this is a bad thing, or fake news (perhaps she will use the fact that black unemployment was unchanged in April?).
via ZeroHedge News http://bit.ly/2LlxcDc Tyler Durden