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ERIC Number: ED481806
Record Type: RIE
Publication Date: 2003-Oct
Pages: 44
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Jobs Lost, Jobs Gained: The Latino Experience in the Recession and Recovery.
Kochhar, Rakesh
This report documents labor market trends among Hispanics since the end of 2000, a period of recession and slow recovery, comparing their experiences with those of non-Hispanics and detailing changes by industry, occupation, region, and other economic and demographic attributes. Data come from the Current Population Survey. Hispanic employment was over 500,000 workers below its potential level at the end of 2002. Hispanics comprised 13 percent of the labor force but were responsible for over half of the increase in the labor force. Before the recession, Hispanic employment grew 5 percent per year. By the end of the recession, the rate fell to 0 percent and then increased to 2 percent. Unemployment rates for Hispanics and non-Hispanic whites and blacks peaked in the first quarter of 2002, then dropped. Of 51 industries studied, Hispanics lost 600,000 jobs in 10 industries and gained 900,000 jobs in 10 other industries. Job losses for Hispanics and whites emerged primarily in manufacturing, transportation, communications and wholesale trade. Industries in which Hispanics gained jobs while others suffered losses included construction and business and auto repair services. Hispanics increased their employment primarily in executive, administrative and managerial, professional specialty, and precision production, craft, and repair occupations. Older and better educated workers fared better than other workers during the slowdown. (SM)
Pew Hispanic Center, 1919 M Street, N.W., Suite 460, Washington, DC 20036. Tel: 202-292-3300; Fax: 202-785-8282; Web site: http://www.pewhispanic.org.
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Pew Charitable Trusts, Philadelphia, PA.
Authoring Institution: Pew Hispanic Center, Washington, DC.