Thursday April 9, 2020
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Latinos and Asian Americans hit hardest by early COVID-19 job losses

by Masao Suzuki |
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San José, CA - The headline news that the unemployment rate for March jumped by almost a full percentage point, to 4.4%, was bad enough. The actual unemployment rate was much higher by the end of March, given that the more 10 million people who lost their jobs and filed for unemployment insurance benefits in the last two weeks of March were not counted. Adding in these workers would have increased the unemployment rate by more than 6%, raising the total rate at the end of March to about 10.5%.

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