After June Job Gains, Still a ‘Deep Hole,’ and New Worries
“…..”The rebound in jobs has not been shared equally across groups. The unemployment rate for white workers has fallen more than four percentage points over the past two months, to 10.1 percent. For Black workers, the rate has fallen just over one point, to 15.4 percent, and the rate for Black men actually rose in June. Asian workers, too, have seen only small gains. Latinos, hit particularly hard when the pandemic shut down much of the service sector, have had a larger drop in unemployment, but their jobless rate remains elevated at 14.5 percent…”
https://www.nytimes.com/2020/07/02/business/economy/jobs-unemployment-coronavirus.html