Under the administration of President Joe Biden and Vice President Kamala Harris, the U.S unemployment rate for various demographic groups, including ethnic and racial groups, has been comparatively low by historical standards. However, for roughly two years, there has been an upward trend in the unemployment rate, with rates ranging from six-tenths of a point to 2 percentage points above the historical low. When questioned about the economy during a CBS ‘60 minutes’ interview, Harris pointed out the low unemployment rates but omitted the recent upward trend.

The record low overall unemployment rate is 2.5%, set in 1953, and under Biden, the lowest rate hit was 3.4% in 2023. However, the rate by September 2024 was 4.1%, seven-tenths of a point higher. Ethnic and racial unemployment rates hit record lows under the Biden-Harris administration, but they too had risen by September 2024. Harris’s assertion that unemployment is at a historic low across all groups was evaluated to be only Half True as it ignored the upward trend in unemployment rates.

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