Hispanic unemployment from Covid-19 has been cut in half, but can it last?

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Hispanic unemployment from Covid-19 has been cut in half, but can it last? investinyou (In partnership with acorns.)

show a marked improvement across all ethnic groups, with an especially rapid decline for Hispanics, driven in part by the re-emergence of industries in which Latinx are heavily employed., which peaked at over 16% earlier this year, has now declined to 8% in the latest data from the government. But that figure is still higher than the 6.5% unemployment rate enjoyed by the overall population, while it is below the unemployment rate for other ethnic groups, including African Americans.

, so do Covid restrictions and unemployment claims. That may mean another reversal in the direction of Hispanic employment this winter.Covid pandemic on Hispanic employment vary significantly by region and industry. In some industries where Hispanic representation is highest, such as service occupations and constructions, there was a 27.2% and 15.7% respective decline in employment from February to May of this year. On the other hand, in industries that have a disproportionately low level of Hispanic workers, such as professional occupations and management and financial occupations, the declines have been of only 6.5% and 4.6% respectively.

 

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acorns Not when all the businesses are being forced to close again

acorns Define 'half'.

acorns 🙏🏻❤️Can someone help us please! I am a single father of 2. I just claimed my last available unemployment benefits this week. I'm hoping to find a new job or get stimulus to keep a place to stay past 12/31. If you can spare it anything helps 🙏🏻🙏🏻❤️please God we don't need a lot

acorns Ask Biden.

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