Unemployment Rate After COVID-19

Exclusively available on IvyPanda Available only on IvyPanda
Updated:

The job market does not treat everyone equally in the United States. While the recent pandemic and the corresponding economic downturn affected most Americans, some demographic groups have suffered significantly. This difference can be seen on the unemployment rate chart. According to the Civilian unemployment rate (n.d.), the national unemployment rate for July 2022 is 3.5%. It is drastically lower than the total of 10% in July 2020, meaning that the economy is recovering and more people are going back to work (Civilian unemployment rate, n.d.). However, there is a visible disparity between the national unemployment rate and that of the Hispanic or Latino demographic group, which was 12.8% in 2020 and is currently at 3.9% (Civilian unemployment rate, n.d.). This contrast is the result of several trends that exist in American society nowadays.

We will write a custom essay on your topic a custom Research Paper on Unemployment Rate After COVID-19
808 writers online

Apart from being the most obvious reason, structural racism is a valid option that explains the difference between the unemployment rate for Hispanic individuals in the U.S. This is because there are several major implications that affect these people’s lives and job opportunities. For example, to maintain a job position, a person must have access to education, good transportation, quality housing, and affordable child care, which are less available to people of color (Marshall-Genzer, 2021). Additionally, Hispanic individuals face more racially motivated discrimination than an average American when applying for a job. At the same time, they are more likely to have minimal-wage service jobs, where, during the pandemic, they were let go (Marshall-Genzer, 2021). Thus now, unless Hispanic people have access to vaccination, finding a job can prove to be rather difficult (Guo et al., 2022). Together, all of this explains the difference between the national unemployment rate and the Hispanic demographic group.

References

(n.d.) U.S. Bureau of Labor Statistics.

Guo, Y., Kaniuka, A. R., Gao, J., & Sims, O. T. (2022). International Journal of Environmental Research and Public Health, 19(3).

Marshall-Genzer, N. (2021). Marketplace.

Print
Need an custom research paper on Unemployment Rate After COVID-19 written from scratch by a professional specifically for you?
808 writers online
Cite This paper
Select a referencing style:

Reference

IvyPanda. (2023, November 20). Unemployment Rate After COVID-19. https://ivypanda.com/essays/unemployment-rate-after-covid-19/

Work Cited

"Unemployment Rate After COVID-19." IvyPanda, 20 Nov. 2023, ivypanda.com/essays/unemployment-rate-after-covid-19/.

References

IvyPanda. (2023) 'Unemployment Rate After COVID-19'. 20 November.

References

IvyPanda. 2023. "Unemployment Rate After COVID-19." November 20, 2023. https://ivypanda.com/essays/unemployment-rate-after-covid-19/.

1. IvyPanda. "Unemployment Rate After COVID-19." November 20, 2023. https://ivypanda.com/essays/unemployment-rate-after-covid-19/.


Bibliography


IvyPanda. "Unemployment Rate After COVID-19." November 20, 2023. https://ivypanda.com/essays/unemployment-rate-after-covid-19/.

Powered by CiteTotal, free referencing maker
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Request the removal
More related papers
Updated:
Cite
Print
1 / 1