As of February, 41.5% of unemployed workers had been out of work for more than six months, according to a report by the Pew Research Center. The number of Americans experiencing long-term unemployment, or joblessness lasting at least 27 weeks, totaled about 4.1 million that month. That translates to 2.6% of the overall workforce.
Asian Americans saw the steepest increase in long-term unemployment between the fourth quarter of 2019 and Q4 of 2020, climbing 25 percentage points, according to Pew’s analysis of U.S. government data. Some 46% of unemployed Asian Americans had been without a job more than six months during the final stretch of 2020.
“Nearly a third of Asian Americans lived in California in 2019, a state that had some of the longest shutdowns and most severe outbreaks in 2020,” the report said. “New York is the state with the second largest share of the Asian population and suffered the third most employment losses since the start of the pandemic.”
And because of factors like language barriers and immigration-status concerns, many Asian Americans may lack access to or knowledge about resources such as unemployment insurance and pandemic relief provisions, Qin Gao, a Columbia University professor of social work, previously told MarketWatch.
It’s going to end badly
Yes I agree with you But I think the fifth generation will play a big role for all of us.ETFProfessor
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.