Job Market Monitor
Race and ethnicity in the United States Census
Asians in the United States / Educational attainment and unemployment
A notable characteristic of the Nation’s Asians is their high rate of educational attainment. Fifty-two percent of those ages 25 and older had a bachelor’s degree or higher in the 2008–2010 period, considerably more than the average of 29 percent for non-Asians. In the 2008–2010 period, Asian Indians had the highest levels of educational attainment: … Continue reading
US / The recession has not affected all Americans equally
The recession has not affected all Americans equally. While overall unemployment hovers around 8 percent, the reality was much different depending on your racial and ethnic background. African-Americans had an unemployment rate of 14.1 percent, nearly double the rate of whites at 7.2 percent. Hispanics had the second highest unemployment rate at 10.2 percent. And … 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
U.S. Entrepreneurship | Immigrants were more than twice as likely to start businesses each month in 2011
The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States and is presented a very comprehensive report. (Adapted Report excerpts by Job Market Monitor following) The Kauffman Index reveals important shifts in the national level of entrepreneurial activity and shifts in the demographic and geographic composition of new entrepreneurs across … Continue reading
Asia | Stable inequality over the past two decades would have lifted 240 million people more out of poverty
Developing Asia’s rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region’s growth and stability, but governments can address the problem via shifts in spending priorities, the Asian Development Bank said. The region must spend more on education and health, create quality jobs and invest in … Continue reading
African Americans and Latinos | Unemployment | No relief in 2012
Economic Policy Institute: Even though the U.S. recession officially ended in June 2009, the country’s unemployment rate remains devastatingly high. The situation is particularly dire for many African Americans and Latinos—and is not predicted to improve any time soon. Among the states with sufficient data for reliable estimates, African American unemployment rates exceeded 10 percent in … Continue reading
White People | What’s the matter with them ?
One of the burdens of blackness, W.E.B. DuBois famously wrote, was facing down an omnipresent question from the wider society: “How does it feel to be a problem?” I’ve been wondering lately if white people might soon understand what he meant. Both the right and left suddenly have a lot of complaints about white people, … Continue reading
A jobs-centered approach to African American community development: The crisis of African American unemployment requires federal intervention | Economic Policy Institute
Unemployment rates for African Americans have been far higher than those of whites for the past 50 years, even in good times. In fact, since 1960 the black unemployment rate has been about twice the white rate. Had blacks had the same unemployment rate as whites in 2010, an additional 1.3 million blacks would have been employed. Millions of African Americans live … Continue reading
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