March 08, 2013
March 8, 2013
While the unemployment rate has dropped more than 40 percent of the way back to its pre-recession level, the employment-to-population ratio is still far closer to its trough than its pre-recession peak. While women have fared better than men, this is because they did not see the same sort of steep hit to employment at the start of the downturn. In the last couple of years the gap in performance has been closing with the EPOP for men rising and the EPOP for women drifting lower.
African Americans have fared much worse than whites in the downturn. The fall in the EPOP for black women has been almost as sharp as for men. The drop in the EPOP for black men has been by far the sharpest. Their EPOP has edged up slightly in the last two years but is still almost 8 percentage points below the pre-recession level.
For more, check out the latest Jobs Byte.
