Is Unemployment Worse for Black Workers?

Laura D. Quinby and Gal Wettstein

Issues in Brief from Center for Retirement Research

Abstract: The brief’s key findings are: (1)Layoffs hurt all workers, but does the pain vary by race? (2)The analysis uses administrative data to see how the long-run earnings of displaced workers fared during three different recessions. (3)In the long run, Black and White displaced workers both have earnings roughly 30-40 percent lower than their same-race counterparts who were not laid off. (4)Though the impact of layoffs is similar, Black workers start with lower earnings, see slower earnings growth, and are more likely to lose a job in the first place.

Pages: 9 pages
Date: 2025-06
New Economics Papers: this item is included in nep-age
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