Unemployment Is Higher For Low-Wage Workers, Women, People Of Color

The rate was 13.0% for adult men, compared to 15.5% for women. “This stands in contrast to the Great Recession, which hit men much harder,” said Sanzenbacher. “The peak unemployment rate for men during the Great Recession was about 11%, for women about 9%.”

The rate was 14.2% for white workers, 16.7% for black workers, 18.9% for Latino workers, and 14.5% for Asian Americans — record rates for all groups except African Americans. Sanzenbacher said “Hispanic workers are disproportionately represented in the types of service occupations most immediately affected relative to both black and white workers.”

The unemployment rate for adult white men was 12.4% last month.

The gap is worse based on education. Those with a high school degree saw unemployment jump to 17.3% from 4.4% in March; the rate for those with a bachelor’s degree or higher increased to 8.4% from 2.5%.

Sanzenbacher also highlighted discrepancies by industry, saying, “some high-paying industries seem to have escaped huge increases in unemployment so far.” Unemployment in finance (average annual wages around $73,000) — increased from 2.1% to 5.4%, while leisure and hospitality ($23,000) saw an increase to 39.3% from 4.5%.

That was “completely unprecedented,” he added.

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