Andrew Taeho Kim, ChangHwan Kim, Scott Tuttle and Yurong Zhang co-author "COVID-19 and the Decline in Asian American Employment"
The unemployment rate has sharply increased as a result of the lockdown associated with the spread of COVID-19. The negative effect of the lockdown is more conspicuous among the less-educated workers than the highly-educated workers. Because Asian Americans are more likely to have a bachelor or higher degree than any other racial group, they are expected to be relatively immune to the drop in employment unless the detrimental impact of the lockdown is severer for Asian Americans.