Racial Unemployment and Racial Wage Inequalities in the Labor Market of the United States

Yafei Luo, China University of Labor Relations
Volume5 nos.1 March 2024 ISSN 2755-3272

Keywords

Racial Unemployment, Racial wage, Inequalities

Abstract

This paper selects two representative racial groups in the United States: black and white. It analyzes their annual average unemployment rate and hourly wages between 1980 and 2022 to explore the inequality in the American labor market. The unemployment rate and hourly wages of both races have improved over time, and the educational level of workers may impact the changes in both.