Faithin Omaha eBook Collection

Download or read book Impact of COVID-19 on Asian Employment in New York City written by Rimsha Khan and published by . This book was released on 2021 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The far-reaching economic impact of COVID-19 has been felt across the nation, but has been particularly harmful to New York City’s Asian American workers and their families. Nationally, Asian American unemployment rates increased from 2.5% in February 2020, to 14.5% in April 2020, to 15% in May 2020 , the greatest rate of increase among all racial groups across the country. The Asian American Federation’s report will focus on what is happening locally in New York City. There is limited data on the current Asian American employment at the local level. The best survey on employment by Asian ethnicity for local areas is the American Community Survey. However, it only releases annual data in the fall and winter of each year; therefore, this report will use available local data to gauge the impact of COVID-19 on employment among Asian New Yorkers. First, we will look at the growth in state unemployment claims by Asian Americans. Next, we will use data from the American Community Survey to estimate how reliant each Asian community in New York City is on specific industries for jobs. Finally, we will look at the most recent employment reports to measure year-to-year changes in job loss for April and May to see the impact of COVID-19 on industries that Asian New Yorkers have traditionally relied on for employment.