In a sharp reversal from what occurred this past summer, when record-low Hispanic unemployment was met with absolute silence on the nation’s leading Hispanic television newscasts, the October 5 news from the U.S. Department of Labor that the national unemployment rate had reached a nearly 50-year low and that Hispanic unemployment had fallen to a record low received significant coverage on all the nation’s leading Spanish-language newscasts.
Unemployment dipped to the lowest rate since December 1969 in September, but ABC, CBS and NBC evening news shows only spent exactly one minute combined sharing the strong economic news.
Federal Reserve chairman Jerome Powell expressed optimism about the “extraordinary times” for the U.S. economy right now at an event with business economists on Oct. 2.
Powell said, “The economy is strong, unemployment is near 50-year lows, and inflation is roughly at our 2 percent objective, and the baseline outlook of many forecasters in and outside the Fed is for more of the same.”
Telemundo’s principal national evening newscast took note of widespread economic gains among U.S. Latinos — including unemployment below 5 percent for the fifth consecutive month - during coverage of President Trump’s big kick-off celebration of Hispanic Heritage Month at the White House.
Las noticias nocturnas en las redes hispanas del pasado viernes y sábado reportaron de todo menos buenas nuevas, específicamente el auge histórico que está experimentando la economía de Estados Unidos. Tanto Univisión, como Estrella TV y Azteca América optaron por concentrarse en los acostumbrados ataques a Trump dejando sus audiencias a oscuras sobre el provechoso informe de empleo emitido por el Departamento de Trabajo el viernes, 7 de septiembre de 2018.
Tesla CEO Elon Musk acting strangely and smoking marijuana took priority over an good economic update on jobs. Six times more. ABC, CBS and NBC evening news programs on Sept. 7, spent more than 6 times as much of those broadcasts reporting that Tesla and SpaceX CEO Musk smoked tobacco and marijuana during a live interview than it did on the nation’s latest employment news. All three shows covered Musk’s behavior, but only NBC Nightly News reported on the jobs report.
If you are frustrated by wait times to see your doctor, the cost of health insurance and prescription drugs, just wait until there may be no doctor to see. NBC News recently broadcast a story about how fewer young people are entering the medical profession. The network cited a report from the Association of American Medical Colleges that “projected a shortage of 42,600 to 121,300 physicians by 2030, up from its 2017 projected shortage of 40,800 to 104,900 doctors.”
Forget the good economy. That’s what one network did as ABC World News Tonight chose to ignore the news of 157,000 jobs added and 3.9 percent unemployment on Aug. 3. The broadcast networks took three very different approaches to covering the July jobs report.
The Trump administration’s winning record on Hispanic unemployment finally received a long overdue nod of recognition from top national Spanish-language media outlets Univision and CNN en Español. As unemployment among the nation’s largest minority group fell for the second consecutive, record-setting month, both Univision and CNN en Español trumpeted the news in their principal national evening news programs.
Sarah Eisen, co-host of CNBC's Squawk on the Street tried to spin negativity in a hugely positive July jobs report. Despite her lame attempt, it largely failed due to the overwhelming positive numbers of the report which revealed an unemployment rate of only 3.9%.
New York Daily News’ parent company Tronc announced it would cut the tabloids newsroom staff in half on July 23. DeadSpin viewed the act as class warfare.
Tronc attributed the cuts to “realities of our business and the need to adapt to an ever-changing media environment,” according to CBSNews.com. A $15 million payout to CEO Michael Ferro (bundling the three-year obligations into a single payment) ahead of sexual harassment claims against him surfaced in March, put Tronc $14.8 million in the red in the first quarter.
Un minúsculo grupo de manifestantes que abogan por la abolición de ICE recibió tratamiento mayúsculo en Telemundo, la misma cadena que pasó por desapercibidos a los 164,000 hispanos que acaban de ingresar a la fuerza laboral del país, así como el nivel de desempleo hispano más bajo en la historia.