Virus Job Losses Hit Young, Minorities First

On Friday, April 3, 2020,  the federal Bureau of Labor Statistics’ March job report showed that minority populations and some of the labor market’s youngest workers have been hit hardest by the initial wave of job losses during the pandemic.  As Andrew Soergel, Senior Writer, Economics for U.S. News and World Report wrote, “Black or African American unemployment spiked to 6.7% last month from February’s 5.8%, according to Friday’s employment report. Hispanic unemployment rose 1.6 percentage points, from 4.4% to 6%. Asian unemployment ticked up by a similar amount, rising from 2.5% to 4.1%.  Unemployment among white Americans wasn’t nearly as elevated, rising from 3.1% to 4%.” Read his article by clicking here and the BLS press release by clicking here.

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