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The current recession has had dire effects on employment in the United States: A significant number of job losses have been reported for most industries and demographic groups. However, although the overall picture has been bleak, a new report from the Federal Reserve Bank of St. Louis says the bad news has not been distributed evenly across demographic groups.
The Effects of Recessions across Demographic Groups, written by Fed economist Howard J. Wall, looks at the employment experiences of U.S. workers for this recession and others going back to 1972 across a range of demographic categories—sex, marital status, race, age and education.
The report will be the focus of several upcoming presentations on the following dates:
Oct. 29, 2009—Memphis
Oct. 30, 2009—Memphis
Nov. 4, 2009—St. Louis
Dec. 3, 2009—Little Rock
Dec. 10, 2009—Louisville
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Fed in Print: An index of the economic research conducted by the Fed.