Asian Americans Hit Hardest By Long-Term Unemployment

A new report from the Economic Policy Institute, showed for the second year in a row that Asian Americans have the highest rate of long-term joblessness (6 months or more) of any ethnicity in the United States. In 2011, 50.1 percent of the Asian American unemployed were unemployed long term, up from 48.7 percent in 2010, exceeding the rates for whites, blacks and Hispanics in both years. This correlates with the news that unemployment lasts longer for Asian Americans, reported back in 2010, and that Asians were more affected by the housing downturn.

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Author: Tim

I'm a Chinese/Taiwanese-American, born in Taiwan, raised on Long Island, went to college in Philadelphia, tried Wall Street and then moved to the California Bay Area to work in high tech in 1990. I'm a recent dad and husband. Other adjectives that describe me include: son, brother, geek, DIYer, manager, teacher, tinkerer, amateur horologist, gay, and occasional couch potato. I write for about 5 different blogs including 8Asians. When not doing anything else, I like to challenge people's preconceived notions of who I should be.