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US Unemployment Among Hispanics and Blacks Highest During Pandemic | CNN

2021-02-24T18:49:28.848Z


The United States labor market during the Covid-19 crisis shows disparities that mainly affect minorities. Although the unemployment rate fell to 6.3% in January, this figure is much lower for white workers (5.7%) than for groups such as Hispanics (8.6%) and black people (9.2%). ). | United States | CNN


Publix offers US $ 125 to employees who get vaccinated 1:03

(CNN) -

The labor market in the United States during the COVID-19 crisis shows disparities that mainly affect minorities.

Although the unemployment rate fell to 6.3% in January, this figure is much lower for white workers (5.7%) than for groups such as Hispanics (8.6%) and black people (9.2%). ).


LOOK: More than 11 million people could lose unemployment benefits due to the pandemic if Congress does not act soon

In this sense, the president of the Federal Reserve, Jerome Powell, warned this Tuesday during a testimony in the Senate Banking Commission that “greater stability in employment is a broad and inclusive objective, and we not only look at the numbers of headlines".

This is because some groups are bearing the impact of the pandemic with more difficulty, and therefore have unemployment levels above the national average.

The Federal Reserve has insisted that it will not increase its interest rates as long as the United States maintains current unemployment and inflation levels.

Powell will continue to address these issues this Wednesday, when he appears before the Housing Services Committee in the House of Representatives.

Source: cnnespanol

All news articles on 2021-02-24

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