Brief Employment and Earnings among 50+ People of Color
Richard W. Johnson, Janice Park
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The number of people of color in the workforce will soar in coming decades as the older population expands, grows more diverse, and works longer. However, African Americans and Hispanics age 50 and older face substantial workplace challenges, including relatively low earnings, high unemployment, and limited access to self-employment. Older Asians fare better, but still lag behind their non-Hispanic white counterparts along many dimensions. This data brief shows how recent trends in labor force participation, earnings, self-employment, and unemployment vary by race and Hispanic origin for adults age 50 and older.
Research Areas Wealth and financial well-being Aging and retirement
Tags Older workers Employment and income data Wages and nonwage compensation Retirement policy Inequality and mobility
Policy Centers Income and Benefits Policy Center