Are some Americans being "left behind" in the employment scenario?
As millions of Americans return back to work and we look forward to a complete job recovery, such a rebound may not be as easy as we think. The fact remains that this rebound might not come easily to some people. Data shows that people without a college degree and Black women have so far the least job recovery rate. Job losses have proven to affect these people more than others.
Owing to the latest BLS data, researchers believe that chances of a full recovery are slipping further and further away. Many factors contribute to this uneven recovery rate, mainly the access to the internet and childcare services which are privileges that are privy to some people more than others. Apart from this, there was a steep decrease in the pace of hiring in August which made the supply chain issues worse, in a snowball effect inflation is also high. A sliver of hope was felt throughout the country when students started returning back to colleges and Federal Unemployment Benefits were halted but the result wasn't what we all expected, constant outbreaks of the Delta variant combined with the shortage of essential goods and lack of staff has significantly affected the recovery process.
Out of the 8.4 million who are unemployed and looking for a job, Black women of all educational levels and less educated Americas are facing a harder time. 5 million workers have been said to give on the job hunting completely and drop out of the labor force. The Black unemployment rate is at 8.8% which is double that of the White Unemployment Rate. Those who either made a full job recovery or are likely to do so are Americans above the age of 25 with a completed college degree.
Source: The Washington Post
Category
Recruiting
Analytical Aptitude
Workplace Culture
Leave Management
Ethical Practice
Data Security
Workplace Security
Retention
Ethnicity
Labor Relations
Mental Wellness
Drug & Alcohol Testing
Employment Law & Compliance
Workers' Compensation
Religious Accomodations
Fiduciary Duty
Retirement & Recognitions
Job Applications &
Performance Management
Substance Abuse
Disability Accomodations
Opening & Closing
Risk Management
Payroll
Overtime Pay
Bonuses & Incentives
Family & Medical Leave
Contemporary Issues
Learning & Development
Employment Offers
Compensation & Benefits
Wellness Benefits
Downsizing
Hiring
Consultation
Privacy
Benefits Compliance
Employee Relations
Employee Conduct
Work Life Integration
Remote & Hybrid Work
Teamwork
Succession Planning
Campus Placement
Onboarding
Background Checks
HR Software
Employee Resource Groups
Business Acumen
Communication
Tags
Article
What Why and How of Background Checks A Useful Guide for Staffing Agencies
Background checks are one of the pre-employment requisites to prevent bad hires. About 96% of emplo ...
The Future of Gig Employment
There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...
How Startups Can Ensure Success While Working With Freelancers
However, the scenario has changed drastically in the last ten years. According to a report by Forbe ...
Tips for Staffing Agencies to Create a Competitive Advantage
Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...
Comments