Educated #AsianAmericans Struggle to Find Jobs
Wednesday, June 9th, 2010(AsianWeek) Asian Americans may have the lowest unemployment rate of any racial group nationwide, but a new report shows college-educated Asian Americans have a harder time finding jobs than whites.
The new report from the Economic Policy Institute (EPI), “Hidden Disadvantage: Asian American Unemployment and the Great Recession,” shows that in the fourth quarter of 2009, 7.2 percent Asian Americans with bachelor’s degrees were unemployed, while only 4.7 percent of whites with the same education level were without work, even though Asian Americans have a slightly lower unemployment rate overall—8.1 percent compared to 8.4 percent for whites, regardless of education level.
“The national figure hides the high level of unemployment in Asian Americans, ” said Dr. Algernon Austin, the author of report, who is also the director of the Race, Ethnicity and the Economy Program at EPI.


