Less than half of all black Americans currently have a job, an employment-to-population ratio that is “massively alarming,” one economist said.
Minority employment is also less likely to bounce back as restrictions ease, said Daniel Alpert, a managing partner at Westwood Capital and a senior fellow in Financial Macroeconomics at Cornell Law School, creating a stark disconnect. He estimates that as restrictions lift, around 8 to 12 million jobs will not return, with losses largely in the leisure, hospitality and retail sectors.
Currently, less than half of all working-age black Americans are active in the labor force, an employment-to-population ratio that is “massively alarming,” Alpert told NBC News. More than half of all white working-age Americans have a job. "We have an underclass dependent on increasing number of low-wage page jobs and at the same time the lowest investment by manufacturers in plants and equipment which would produce higher paying jobs," he said, adding that America has created industries that don't require particular skills but where"people are willing to work."
Chevalier, a single mother of two, said she was eligible for extended relief but after one week's payment, the state unemployment website wouldn't let her file and said her claim had"underlying issues," without further explanation, a complaint“You can’t contact these people. They’re not answering the phones. They’re playing games with our families' lives,” she said.
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