Posts Tagged ‘unemployment’

Hispanic Unemployment Rate Dips in February

Sunday, March 10th, 2013

(Hispanic Business) The seasonally adjusted unemployment rate for Hispanics dropped slightly in February to 9.6 percent, the Bureau of Labor Statistics reported today. The Hispanic unemployment rate was 9.7 percent in January, which in turn was up just slightly from 9.6 percent in December. The rate for Hispanics in February 2012 was 11.4 percent.

Overall unemployment for the country dipped to 7.7 percent.

There are 2.3 million idled workers in the Hispanic civilian labor force, out of a total Hispanic civilian workforce of 24.6 million.

The unemployment rate for Hispanic males 20 years and older was 9.1 percent in February compared to 10.4 percent a year earlier, while the rate for females was 10 percent compared to 11 percent a year earlier. Those number weren't seasonally adjusted.

Full story…

How Union Membership Benefits African American And Latino Workers

Sunday, September 9th, 2012

(Think Progress) Workers across the country experience a “union premium” — an increase in wages for workers who belong to a labor union compared to workers who are not organized. That premium amounted to $1.24 per hour last year, a 17.3 percent premium. And according to a new study from the Economic Policy Institute, union membership is even more important for African American and Latino workers, whose union premiums exceed that of white workers.

Black union members have a union premium of $2.60, earning them about 17.3 percent more than black non-union workers. Black men who belong to a union see a 20 percent increase over the normal wage; for black women, the increase is 14.8 percent. Union membership is even more beneficial to Latinos, whose men and women workers earn union premiums of 29.3 percent and 15.7 percent, respectively. (Latinos’ union premium is 23.1 percent overall.).

Full story…

Unemployment rises among black Americans, figures show

Tuesday, July 10th, 2012

 

(The Guardian) One of the most jarring figures in the labour statistics is a rise in unemployment among African Americans, from 13.6% to 14.4%, double the rate for the white population.

The proportion of white Americans out of work was static at 7.4%, and while the jobless rate for Latinos remained high at 11%, it too was unchanged from May.

Algernon Austin, the director of the race, ethnicity and economy programme at the Economic Policy Institute, said the figure for black Americans had been hovering at or above 14% for the past three years, even with a 'recovery' supposedly under way. "It is an extremely high rate to be stuck at," Austin said. "That is the really important news."

Full story…

Why Do Asian Americans Have the Worst Long-Term Unemployment?

Friday, June 1st, 2012

 

(The Atlantic) Asian American are the best educated ethnic group in the United States, by a long shot.* Logically, that means they should have the least severe unemployment, given that more educated workers tend to have an easier time in the job market. Instead, according to a recent study by the Economic Policy Institute, the Asian community suffered from the most severe long-term joblessness of any racial demographic in 2010, during the slow, early period of the economic recovery. 

As shown in the graph below, 48.7 percent of unemployed Asian Americans had been out of a job for 27 weeks or more. Blacks were next, at 48.5 percent, followed by Whites, at 42.7 percent. 

Full story…

50 Percent Of Unemployed African American And Asian Workers Have Been Out Of Work For Six Months Or More

Thursday, March 8th, 2012

(Think Progress) According to the latest Bureau of Labor Statistics data, 42.9 percent of America’s unemployed have been out of work for six months or more. But that number masks some of the large racial disparities in who has been out of work for so long, as the Center for Economic and Policy Research shows in a new report. As CEPR found, 50 percent of unemployed black men have been out of work for at least six months, and nearly 50 percent of black women, as well as Asian men and women, are in the same situation.

Full story…

African American unemployment drops 2% points: Good news for President Obama

Sunday, February 5th, 2012

(Examiner.com) With the 2012 presidential election less than one year away, all eyes are focused on President Obama and the potential Republican candidates he will be running against. The biggest issue heading into the race is the economy and with positive jobs number's again in January, re-election for President Obama is looking better each month.

One of the biggest supporters of President Obama in 2008 was African-Americans. In 2008, President Obama was able to garner 96% of African-American votes, making up 13% of the electorate. If President Obama wants to win re-election he will have to repeat his support in the African-American community as well as other minorities. African-American unemployment hit a 27 year high this past summer, reaching 16.7%. That number is higher than anyone would like, but there is light at the end of the tunnel. According to the new January jobs report for 2012, African-American unemployment dropped significantly.

Full story…

Latino-Owned Businesses Increase And Give Boost to Economic Growth In The U.S.

Thursday, January 5th, 2012

(Huffington Post) There's no argument that 2011 was a tough year for Latinos but their might be a light at the end of the tunnel.

Despite a stubborn unemployment rate for Latinos reaching 11.4 percent last month, Hispanic-owned businesses are growing at more than double the national rate, according to reports by the U.S. Census Bureau.

According to Forbes, this trend has been sustained for at least the last decade and manifests itself both in the growing number and size of Latino-owned businesses. During the latest 5-year period for which information is available from the Census Bureau, revenue from Latino owned businesses jumped by an astonishing 55 percent to nearly $350 billion.

Full story…

For Black Americans, A Longer Time Without Work

Tuesday, December 27th, 2011

(NPR) Although the U.S. gained more than 120,000 jobs last month, the numbers of long-term unemployed barely shifted, and unemployment rates for African-Americans continued to go through the roof.

 Willa Booker, 53, has been out of work for more than two years. A former medical records administrator in Chicago, Booker says she just wants someone to give her a chance.

A recent NPR and Kaiser Family Foundation poll shows that although the long-term unemployed face many of the same difficulties regardless of race, there are distinct differences between blacks and whites struggling to find work.

Out-of-work blacks, whites, Latinos and Asians all took part in the NPR-Kaiser survey. Only blacks and whites had a large enough sample, however, for the surveyors to specifically break out their responses.

"First of all, we found that among those people who have been unemployed for a long time, African-Americans make up a greater share of that population than they do of full-time workers," says Kaiser Family Foundation researcher Liz Hamel.

Full story…

Latino progress in jobs hits blue-collar ceiling

Wednesday, December 21st, 2011

(Chicago Sun Times) You’ve heard of the glass ceiling (women) and the bamboo ceiling (Asian Americans). It turns out there’s a blue-collar ceiling for Chicago Latinos.

So says a new study from DePaul University’s New Journalism on Latino Children project and the Latino Policy Forum. They analyzed Hispanic representation in 480 occupations identified by the U.S. Census Bureau and found that both Mexican immigrants and many of their U.S.-born counterparts are overrepresented in low-skilled, low-pay manufacturing, food service, and construction industries.

Considering that Latinos represented three of every five new entrants to the region’s labor force over the past decade and that their dismal high school graduation rates — a mere 59 percent — are colliding with a time when our city is turning toward a knowledge-based economy, this is very bad news.

Full story…

Black Americans hit as public sector sheds jobs

Thursday, December 15th, 2011

Deccan Herald/New York Times) Don Buckley lost his job driving a Chicago Transit Authority bus almost two years ago and has been looking for work ever since, even as other municipal bus drivers around the country are being laid off.

At 34, Buckley, his two daughters and his fiancee have moved into the basement of his mother’s house. He has had to delay his marriage, and his entire savings, $27,000, is gone.

“I was the kind of person who put away for a rainy day,” he said recently. “It’s flooding now.”cBuckley is one of tens of thousands of once solidly middle-class African-American government workers – bus drivers in Chicago, police officers and firefighters in Cleveland, nurses and doctors in Florida – who have been laid off since the recession ended in June 2009.

Such job losses have blunted gains made in employment and wealth during the previous decade and undermined the stability of neighbourhoods where there are now fewer black professionals who own homes or who get up every morning to go to work.

Full story…

Subscribe to RSS feed