2013 CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Households with Savings Accounts

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Change in Consumers with Subprime Credit

Change in Average Credit Card Debt

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Unemployment by Race

Reports & Graphics

Definition

Ratio of the unemployment rate of the white, non-Hispanic labor force and labor force of color (Black or African-American; Hispanic or Latino or other races), 2011.

Calculated by dividing the higher value by the lower value, i.e., the unemployment rate of the population of color divided by the white unemployment rate.

A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. For example, the unemployment rate for workers of color in North Dakota is 5.9 times higher than for white workers.

Description

This measure describes the disparity in unemployment between white workers and workers of color. Unemployment does not affect all races and ethnicities equally, and in every state, people of color experience higher unemployment than whites. There are many complex factors behind this disparity, but even when looking at workers with similar levels of education, disparities in unemployment persist. According to data from the Bureau of Labor Statistics in 2011, the unemployment rate for white workers with a bachelor’s degree or higher was 3.9% but for Black or African American and Hispanic workers with similar degrees, the rate was 7.1% and 5.7%, respectively.

For more information on racial disparities in unemployment, see the Economic Policy Institute.

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Unemployment by Race

StateUnemployment Rate,
White Workers (%)
Unemployment Rate,
Workers of Color (%)
RatioRank
United States  7.2%  12.4%  1.72   
Alabama  7.5%  15.3%  2.04  35 
Alaska  6.5%  10.6%  1.63  15 
Arizona  7.8%  12.4%  1.59  11 
Arkansas  6.7%  14.7%  2.20  40 
California  9.5%  13.3%  1.41 
Colorado  7.2%  12.3%  1.70  19 
Connecticut  7.1%  14.5%  2.04  36 
Delaware  6.2%  10.2%  1.65  16 
District of Columbia  3.3%  16.0%  4.90  50 
Florida  7.8%  13.3%  1.70  18 
Georgia  7.7%  13.6%  1.78  26 
Hawaii  6.6%  7.5%  1.13 
Idaho  8.3%  10.9%  1.32 
Illinois  7.7%  14.1%  1.82  27 
Indiana  8.2%  14.2%  1.74  22 
Iowa  5.1%  11.7%  2.29  42 
Kansas  5.6%  11.9%  2.11  37 
Kentucky  8.9%  14.4%  1.62  12 
Louisiana  5.3%  12.5%  2.36  43 
Maine  7.6%  18.2%  2.40  44 
Maryland  5.5%  9.0%  1.62  13 
Massachusetts  6.7%  9.4%  1.39 
Michigan  8.9%  15.6%  1.75  23 
Minnesota  5.5%  13.5%  2.47  45 
Mississippi  6.8%  16.8%  2.47  46 
Missouri  7.4%  13.8%  1.88  28 
Montana  6.8%  13.4%  1.97  32 
Nebraska  3.5%  9.6%  2.70  47 
Nevada  11.2%  15.7%  1.40 
New Hampshire  5.2%  8.5%  1.62  14 
New Jersey  7.9%  11.6%  1.47  10 
New Mexico  5.3%  9.2%  1.73  21 
New York  6.4%  11.0%  1.71  20 
North Carolina  8.0%  15.4%  1.93  30 
North Dakota  2.4%  13.9%  5.86  51 
Ohio  7.6%  14.4%  1.89  29 
Oklahoma  4.7%  9.9%  2.12  38 
Oregon  8.8%  12.3%  1.40 
Pennsylvania  6.7%  13.1%  1.95  31 
Rhode Island  9.1%  19.3%  2.13  39 
South Carolina  7.9%  15.7%  2.00  33 
South Dakota  3.9%  13.1%  3.40  49 
Tennessee  7.8%  13.8%  1.76  25 
Texas  5.7%  9.7%  1.69  17 
Utah  6.7%  8.3%  1.24 
Vermont  5.8%  7.4%  1.28 
Virginia  5.2%  9.2%  1.75  24 
Washington  8.5%  12.4%  1.46 
West Virginia  7.5%  17.0%  2.26  41 
Wisconsin  6.3%  17.1%  2.70  48 
Wyoming  5.3%  10.7%  2.01  34 

Source

Current Population Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2011. Data calculated by the Bay Area Council Economic Institute.

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