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Asians and Hispanics find more jobs

March 21, 2012: 11:05 AM ET

Employment chartHispanics and Asians suffered a lower rate of job loss in the recession and enjoyed a faster rate of growth during the recovery than their black and white counterparts.

Hispanics experienced only a 2.4% loss in employment during the Great Recession, followed by a 6.5% gain during the recovery, according to a new report from the Pew Hispanic Center.

Asians had a similar experience, with a 2.8% job loss and a 6.8% gain.

Their employment levels are higher now than just before the start of the Great Recession in December 2007.

The picture, however, looks very different for whites and blacks. Whites suffered a 5.9% change in employment during the recession, but only a 1.1% job gain afterward. Blacks saw a 7% decline in employment and a 2.2% gain.

One reason for the vast differences is the swift growth in the immigrant population. Immigrants -- many of whom are Asian or Hispanic -- have enjoyed a faster rate of employment growth than native-born workers.

Each group still suffers from a jobs gap -- the shortfall in employment relative to population. Blacks suffer from the greatest gap: about 12% or 2 million people. The gap for whites is more than 7%, or 7 million, while for Hispanics, it is nearly 6%, or more than 1 million. Asians' gap is 5% or less than a half-million people.

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About This Author
Tami Luhby
Tami Luhby
Senior writer, CNNMoney

Tami Luhby is a senior writer at CNNMoney and covers income inequality, state fiscal problems, unemployment, housing policy and other economic issues. Luhby previously covered personal finance for Newsday and banking for Crain's New York Business.

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