Asian Americans suffer from long term unemployment at a rate higher than any other ethnic group in the country, reports the Gospel Herald.
According to a recent study issued by the Economic Policy Institute in Washington, D.C., more than half of the unemployed Asian Americans have been out of work six or more months. That’s higher than both Hispanics and African Americans.
The good news is Asian Americans also have the lowest jobless rate of any other group. 4.8 percent of Asian Americans were out of work in the second quarter of this year. That’s much lower than Hispanics and African Americans and also lower than whites at 6.5 percent.
“There are a lot of misconceptions and stereotypes with regard to the Asian American workforce,” says Kent Wong of UCLA’s Center for Labor Research and Education,, according to NPR. “And many assume that because of the high numbers of college graduates within the Asian American community … there are not problems with low-wage employment or unemployment, and that’s just not the case.”
You can read a closer look at the long term jobless rate in the Gospel Herald.
RE: Asian Americans suffer from long term unemployment: Professor Paul Ong of UCLA was quoted on this subject 3 years ago. Could be a rehash…..
This article has updated numbers from this year. So if a similar study was done three years ago, the study has been updated.