Job Market Monitor
Race
Racial Identity in US – A measurable, significant, and persistent predictor of labor market outcomes
According to the Center for Assessment and Policy Development, racial equity is the condition that would be achieved if one’s racial identity no longer predicted, in a statistical sense, how one fares. In reality, statistical analysis often reveals that racial identity is a measurable, significant, and persistent predictor of labor market outcomes. Let’s pause and … Continue reading
Wage Gap Across Gender and Race in US – Finding the true numbers
How would someone go about finding the true wage gap numbers across gender and race groups in the US? Step 1: Find a reputable source. Step 2: Read the small print. Step 3: Check the source. Step 4: Find out if the statistics accurately reflect all groups. Chosen excerpts by Job Market Monitor. Read the whole … Continue reading
Unemployment in the US – The rate varied across race and ethnicity groups BLS finds
In 2013, the overall unemployment rate for the United States was 7.4 percent; however, the rate varied across race and ethnicity groups. The rates were highest for Blacks (13.1 percent) and for American Indians and Alaska Natives (12.8 percent) and lowest for Asians (5.2 percent) and for Whites (6.5 percent). The jobless rate was 9.1 … Continue reading
US / In 2012 only 15 percent of black male teens and 49 percent of those 20 to 24 were working
These young men represent a tremendous pool of potential talent that deserves the opportunity to rise to greater heights in the labor market and overcome the barriers that constrained the progress of past generations. Continue reading
US / African-American / The wealth gap between worsening
The wealth gap between blacks and whites has nearly tripled over the past 25 years, due largely to inequality in home ownership, income, education and inheritances, according to a new study by Brandeis University. That type of inequality can be a drag on economic growth for everyone, said Thomas Shapiro, director of the university’s Institute … Continue reading
Race Matters – Black unemployment rate:14.4% -vs- white at 7.4%
As the overall U.S. unemployment rate stayed at 8.2% in June, the rate among black Americans rose nearly a full percentage point. The reason for the increase appears to have been a rise in the percentage of African-Americans looking for a job, rather than job losses. The unemployment rate for blacks rose to 14.4% from … Continue reading
UPDATE – A jobs-centered approach to African American community development
The crisis of African American unemployment requires federal intervention writes Economic Policy Institute. Even when the national economy is good, however, conditions for African Americans are typically bad. Federal intervention to aid African American community development is necessary for the following reasons: African Americans still reside mainly in separate and unequal communities. In 2010, in the … Continue reading
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