unemployment rate
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Due to a ‘Misclassification Error’ the Unemployment Rate Looks Like It’s Dropping Faster Than It Actually Is
On Friday, the Bureau of Labor Statistics released its official jobs report for May which reported the first drop in the unemployment rate since the pandemic began wreaking havoc on the U.S. economy. Just one problem: The number was off by 3 percentage points. According to the Washington Post, the BLS added a note to…
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Blacks and Latinos Affected Most by Job Losses During the Coronavirus Pandemic
In news that shouldn’t be surprising to anyone, black and brown workers were disproportionately hit by job losses last month, according to a report released by the Bureau of Labor Statistics (BLS). In the Employment Situation report (pdf) for March released on Friday, the U.S. saw a job loss of over 700,000 and the unemployment…
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Money Moves: Elizabeth Warren Touts Plan to Increase Pay for Black and Brown Women
Democratic presidential hopeful Sen. Elizabeth “I have a plan for that” Warren pledged Friday to help close the pay gap suffered by women of color, especially by women who are black or brown. On the heels of a planned appearance at the Essence Festival, one of the largest gatherings of black women in the country,…
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Black Women Are More Likely to Be Sexually Harassed on the Job, a Study Finds
Reports of sexual harassment in the workplace are down among women overall, but the decline is far less steep among black women, signaling they are at greater risk. That’s according to a study published in the journal Gender, Work and Organization and written by New Jersey researchers Dan Cassino of Fairleigh Dickinson University and Yasemin…
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Republicans Control the Poorest States, Democrats Control States With Highest Earners: Report
As if we didn’t know already, it turns out that Republicans might keep people poor. A new report reveals that almost all of the states where people earn the least are controlled by Republicans, while the states where people make the most money are almost exclusively led by Democratic politicians. USA Today recently ranked the…
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#ThanksObama: Unemployment Rate Falls to 9-Year Low
The U.S. unemployment rate is the lowest it has been in almost a decade, according to the newest jobs report from the Bureau of Labor Statistics (pdf). According to the report, the unemployment rate declined to 4.6 percent in November, and payroll employment increased by 178,000. It’s been seven years since the recession officially ended,…