Inequality and COVID-19 Job Displacement
In collaboration with Ong & Associates, a new CNK report released today reveaks how the coronavirus pandemic has illuminated racial and socioeconomic disparities in the ongoing economic crisis and subsequent job displacements. This research brief, utilizing data from the U.S. Census Household Pulse Survey, examines racial and social inequality in job displacement resulting from COVID-19 and inability to collect unemployment-insurance benefits.
Minority groups, lower income and less educated workers, and the youngest worker are most severely affected. Major findings include:
- Although Black and Latinx workers are both more adversely affected for the pandemic, Latinx workers are highly impacted. Latinx workers account for 1 out of 4 displaced workers without UI benefits although they are only 1 out of the 6 employed workers.
- Displaced low income workers from households earning less than $25,000 per year are 31% of the displaced workers without UI, yet they are only 10.6% of the employed workers.
- Workers with and without a high school education comprise almost half of all displaced workers who do not receive UI although they represent only a third of employed workers.
- Younger workers are more likely to be displaced. 30% of all displaced workers without UI are between the ages of 18 and 30 compared to being 22% of the employed.
Access the full article here >>> Inequality and COVID-19 Job Displacement
CNK would like to graciously acknowledge the partial support provided by the University of California Office of the President through a mini-grant (CBCRP Grant #R00RG2606) to support CNK’s COVID-19 Equity Research, as well as express gratitude for Megan Potter’s contributions and Chhandara Pech and Silvia R. González, key CNK research members.
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