The Impact of COVID-19 on Minority Unemployment

Casey Abbasspour, Man Jin, Department of Economics, Oakland University, 318 Meadow Brook Road, Rochester MI 48309

This study empirically explores the impact of COVID-19 on U.S. unemployment rates concerning minorities. This will be conducted through separate regression analyses, which will be broken down by the demographics being tested, race and gender, and will answer the question of whether minority unemployment disparities were exacerbated by the novel coronavirus.  Earlier research on minority unemployment provides a discourse on previous and ongoing incongruities involving U.S. minority unemployment, as well as some possible underlying causes of these disparities, such as a continuing significance of race within the minds of employers, to name one. Another resource involved a study of groups most impacted by previous recessions, with evidence finding that men, African Americans, Hispanics, youth, and those with lower educations levels experiencing larger increases in unemployment during periods of economic decline. Relevant current research that has been conducted by researchers from April through June of 2020 found early evidence of disproportionate impacts on minority unemployment, particularly African Americans and Latinos. The research methodology involves compiling data and running analyses. Monthly COVID-19 will be collected from credible sources, such as the Centers for Disease Control and Prevention. Monthly unemployment data will be gathered from the Bureau of Labor Statistics and the Federal Reserve Bank of St. Louis, a source of Federal Reserve Economic Data (FRED). Separate regression analyses will be conducted to examine monthly COVID-19 cases in relation to unemployment rates for race and gender for the year of 2020. It is likely, given the current research already undertaken, that the minorities studied under the separate demographics in this paper, race and gender, will be disproportionately impacted. 

Additional Abstract Information

Presenter: Casey Abbasspour

Institution: Oakland University

Type: Poster

Subject: Economics

Status: Approved

Time and Location

Session: Poster 5
Date/Time: Tue 12:30pm-1:30pm
Session Number: 4121