Statistics on job growth show that 1 million jobs were added to the American economy in July. Only 235,000 jobs were added in August—about half of the monthly average for this year. Still, these new positions helped the unemployment rate continue to fall in August to 5.2%.1 Despite overall lower rates of unemployment, some people—especially those who have marginalized experiences—struggle with job insecurity and joblessness.
5.6 million people reportedly lost work because their employer closed or lost business due to the pandemic, 400,000 more than July. Black, Hispanic, and Asian people still had higher rates of unemployment than White counterparts, and data about additional experiences of marginalization such as queer identity were not reported.
Continue reading here.