Heather Long @ WashPost writes:
https://www.washingtonpost.com/opinions/2023/07/09/employment-black-immigrant-workers-recession/
The U.S. labor market is on a gravity-defying streak. The June jobs report was a tad softer than expected, but the overall trend is so strong that recession fears are fading. Hiring remains solid across many industries, including construction, and companies are largely holding on to their workers.
There’s growing optimism that the country can avoid a downturn. One key reason this is possible is the surge of new workers. Nearly 4 million more people are employed now than just before the pandemic hit. That’s more families with steady incomes to spend, which helps explain the vigorous sales of everything from cars to gardening supplies. There has also been a big upshift in the labor force since the pandemic: Low-paying hospitality employment still hasn’t recovered, as workers have traded up to higher-paying business, health-care and warehouse work. This has brought another boost to incomes and an important mental shift as more workers who used to hop from job to job now see themselves on a steady career path.
. . . .
In contrast, over 2 million more Hispanics are employed now, over 800,000 more Asian Americans and over 750,000 more African Americans. This same trend played out just before the pandemic. Companies were also complaining then that they could not find workers, and experts were saying the nation was at “full employment.” Yet month after month, Black and Hispanic people (largely women) kept entering the labor force and getting jobs. It’s also notable that over 2 million more foreign-born people are employed now than before the pandemic. This means that more than half of the new workers have been immigrants.
If the U.S. economy ends up having a soft landing, it will largely be because immigrants and people of color have kept entering the labor force — helping to keep production going, consumption solid and wage growth (and inflation) cooling to a more sustainable level.
What’s going on is partly a result of low unemployment, what economists often dub a “tight” labor market. Black and Hispanic people often do not get hired until late in a recovery. In the past year, there has also been a strong uptick in jobs in government and health care, sectors in which women of color have historically found employment opportunities. Employers have also expanded their hiring searches, improved pay and benefits, and removed requirements for college degrees for many positions. All of this has helped expand opportunities. This past spring, for the first time, Black Americans were as likely to be employed as White Americans.
“There is sufficient demand that employers aren’t discriminating. They need workers,” economist William Spriggs told me in a conversation shortly before his death last month.
Spriggs spent years pointing out that too many experts were overlooking how many more people of color were ready to work if only employers would give them a chance and the jobs weren’t dead-end ones. As other economists were stunned by the labor market in recent months, especially the gains for Black people, Spriggs had a different take. “It’s not that the labor market is ‘overheated,’” he said. “It’s that the labor market is getting closer to how it’s supposed to work in a textbook.”
. . . .
********************************
Read Heather’s full article at the link.
Immigrants and minorities continue to over-perform for America! Not surprising to many of us. Just recently, there was an article in the LA Times about the outsized role of immigrant women, many from Ukraine, in boosting the U.S. labor market. https://www.latimes.com/politics/story/2023-07-06/new-influx-of-refugees-help-cushion-an-american-economy-strapped-for-workers.
Yet, these groups receive little credit, to a large extent because of racist myths perpetrated and spread by GOP nativists like DeSantis, Trump, Abbott, Miller, Bannon, and many others. Too often these myths and intentionally misleading statements are accepted at “face value” by the media.
With a tight labor market, one might well ask why the U.S. is spending billions trying to detain and discourage refugees from applying for asylum at the border? Why are we dumping on individuals who, despite the mischaracterizations by both parties, are “trying to do things the right way” by applying through the legal asylum system?
Seems like the resources would better be devoted to figuring our how to fairly and generously process refugees, asylees (an important source of legal immigration), and other immigrants in a fair, robust, and timely manner, both at the border and abroad! Get these folks into legal, work authorized status faster so that they can contribute and help our economy grow!
🇺🇸Due Process Forever!
PWS
07-11-23