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.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.78%||3.77%|
|15 yr fixed||3.14%||3.10%|
|30 yr refi||3.76%||3.79%|
|15 yr refi||3.14%||3.10%|
Today's featured rates:
|Latest Report||Next Update|
|Home prices||Aug 28|
|Consumer confidence||Aug 28|
|Manufacturing (ISM)||Sept 4|
|Inflation (CPI)||Sept 14|
|Retail sales||Sept 14|
|Here's what happened to teachers after Wisconsin gutted its unions|
|Tesla's $200,000 Roadster will need more than record-breaking speed|
|Victoria's Secret is struggling because women want to be comfortable|
|Star Wars Battlefront II: Game maker apologizes after uproar from fans|
|Tesla's truck, not out until 2019, already has big orders|