when taking gender into account, data about racial inequality in the labor market shows that the human capital advantage of work experience is

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10-11-2022
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when taking gender into account, data about racial inequality in the labor market shows that the human capital advantage of work experience is

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qwoffwhite qwoffwhite · Answer 1 · 2022-11-15T19:41:43+01:00

When taking gender into account, data about racial inequality in the labor market shows that the human capital advantage of work experience is a smaller percentage for black women than for white and Hispanic women.

Those times when the overall unemployment rate is lower than the non-cyclical rate, as well as when it is higher than the non-cyclical rate (a positive gap). We calculate, using this paradigm, the degree to which, since 1980, the black and Hispanic unemployment disparities have been influenced by the general labor market situation and business cycles.

Women of color, specifically Black and Hispanic women, have experienced some of the most significant drops in labor force participation and steepest increases in unemployment since the pandemic started. High unemployment rates tend to draw attention and are perhaps simpler to understand. Still, a significant decline in the number of women working or looking for work can be more pernicious over time.

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