Archives for February 20, 2024

Economist Magazine Quotes Professor Michelle Holder on Black Workers in Current Labor Market

“One reason that a strong labour market is valuable for black Americans is that many work in highly cyclical sectors such as freight delivery. That makes them vulnerable to recessions but also well placed during periods of growth (a similar dynamic exists for Hispanics). A tight labour market also blunts some of the discrimination that black applicants may face when looking for jobs. “During cyclical downturns employers can afford to pick and choose, but when workers are really needed, they are penalised for their biases,” says Michelle Holder, an economist at John Jay College, City University of New York.”

Read full article at: https://www.economist.com/united-states/2024/02/14/black-workers-are-enjoying-a-jobs-boom-in-america