Robert Johnson, the co-founder of Black Entertainment Television and the first black billionaire in the U.S., said “something is going right” with the economy for black Americans during President Donald Trump’s presidency.
Johnson addressed the Trump-era economy during an interview Friday on CNBC’s “Squawk Box.”
An excerpt of Johnson’s comments:
“You have to take encouragement from what’s happening in the labor force and the job market. When you look at African-American unemployment, in over 50 years since the Bureau of Labor Statistics has been keeping the numbers, you’ve never had two things: African-American unemployment this low and the spread between unemployment among whites and African-Americans narrowing.
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