Paul White, Associated Press
Unemployment does not treat all American's equally, one study finds.
Asians and African Americans are unemployed for the longest periods of time out of all other ethnic groups, according to a study done by Face the Facts.
Overall, the unemployment rate hovers around 8 percent. Of that, the average period of unemployment for individuals varies. Asians are unemployed on average for 27.7 weeks, African Americans for 27 weeks, Caucasians for 19.7 weeks and Hispanics for 18.5 weeks.
All the factors about why unemployment time varies on ethnicity are not known, but rates in mid-2012 hit 14.1 percent for African Americans, which is nearly twice as much as the 7.2 percent unemployment of Caucasians.
Hispanics have the second highest rate at 10.2 percent and Asians the lowest with 5.9 percent unemployed.
- Closet clutter: How having fewer,...
- Sneaky tricks restaurants use to make you...
- Most American high schoolers don't know how...
- 15 best paid jobs for recent graduates
- Balancing act: Survey says lack of balance,...
- Dave Ramsey says: Don't leave an estate with...
- Company plans to hire up to 1,000 new...
- Z'Tejas closing after 13 years at The Gateway
- Utah unemployment rate second lowest in... 19
- Most American high schoolers don't know... 8
- Consumers are padding their checking... 2
- Optimism on the rise for job seekers 2
- Teen drivers hike Utah car insurance 89... 2
- Balancing act: Survey says lack of... 2
- Before you head off on your vacation,... 2
- How do Americans use their time? 1