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Whose unemployment rates are commonly higher in the U.S. economy: a. Whites or nonwhites? b. The young or the middle-aged? c. College graduates or high school graduates?

Short Answer

Expert verified

The correct answer is Nonwhites, young and also high school graduates.

Step by step solution

01

Step.1 Introduction 

Unemployment can be defined as the situation when a person who is able to work and is work, is also actively looking for jobs but is not able to find one. The percentage of working population that cannot find work is known as unemployment rate.

02

Step.2 a. Whites or nonwhites

White workers are more likely to stay employed. Data shows that it is the non-white population that faces higher unemployment rates. Systemic discrimination against the non-white population, lack of access to education and skill development, etc. can be the reasons.

03

Step 3. b. Young or middle aged

Younger workers are more likely to have higher unemployment rates because they are new to the labor force and do not have much responsibilities and are figuring out their career plan. Middle-aged workers have greater responsibilities and are more likely to stay in their jobs.

04

Step 4. c. College graduates or high school graduates

College graduates are generally considered to be more skilled and specialized. They are more likely to find jobs because of their qualification. High school graduates have less opportunity and generally find unskilled jobs.

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