Unemployment rates for women of color exceed that of white women. Hispanic women had the highest rate of unemployment (20.2 percent) from mid-March to mid-April, an increase of more than 300 percent since February. READ MORE AT BECKER'S HOSPITAL REVIEW
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If you cannot learn to make money while you sleep, you will work for the rest of your life. The problem is that during the crisis a lot of people are out of work. You do not want your job to be your only source of income. READ MORE AT FORBES
Pilsen-based nonprofit, Economic Strategies Development Corporation (ESDC) known for small business development, continues to partner with companies and community organizations to distribute prepackaged fresh produce and non-perishable goods to hundreds of families in Chicago and other neighborhoods through its Emergency Free Food Distribution Drive program.
With a disproportionate impact of COVID-19 in communities of color, loss of income, and demand from food banks and pantries, now is the ti
A record 32 million people who identify as Latino will be eligible to vote in the 2020 presidential election in November, according to the Pew Research Center. That’s just over 13% of the US electorate — surpassing eligible black voters for the first time and making Latinos the nation’s largest voter group after whites.
Latinos’ massive growth as a voting bloc is largely driven by youth coming of age. Approximately every 30 seconds, a Latino in the US turns 18 and becomes eligible to vote. Youn
There’s no way around it: The job market is undeniably bleak right now. Despite the grim circumstances, many of the tried-and-true job search methods are still useful. Begin the process of finding a new job with these six tips. READ MORE AT FAST COMPANY
Many essential workers have had no choice but to continue working despite new rules and settings during the novel coronavirus pandemic.
Those who normally work in office settings, however, have been wondering when and how they'll be able to go back to work since March — and what kinds of new safety guidelines they may be subject to when they finally do.
The full set of CDC guidelines for offices can be found here, but it's up to employers to perfectly adapt them in their own spaces. READ MORE A
Even as 20.5 million people lost their jobs in April, the S&P 500 stock index logged its best month in 33 years. After a few weeks of wild swings, the market is down a mere 9.3 percent this year and 13.5 percent from its peak — what most investors would consider a correction.
On Friday, after the government released the staggering unemployment figures, the S&P 500 closed up 1.7 percent. READ MORE AT THE NEW YORK TIMES
Finding a new job in the field you’ve worked in for years can be a challenge. Switching to a new career track can be plenty daunting, but there’s hope so long as you properly prepare to impress potential employers.
If you’re thinking of entering a new field, here’s what you should do. READ MORE AT INVERSE
In a difficult job market, you may find yourself needing to consider job openings that wouldn’t be on your radar during normal times.
If you are looking for a job right now, it may be worth considering how your current experience can be applied in a different industry. Though not easy to do, changing industries (even if temporarily) will expand your options and make your skills more marketable in the long run. READ MORE AT FORBES
Don't let those unemployment numbers discourage you. There are jobs available. You just have to know where to look and how to make yourself look good to those companies.
That's where a strong résumé will really come in handy. READ MORE AT WTSP.COM
The devastation of the pandemic has cut deep and wide across the economy. Some of the worst job losses so far are among Latinas.
That’s because some of the hardest hit sectors of the economy are dominated by women, and particularly Latinas. Hospitality, retail and health care have all seen big job losses that have left Latinas vulnerable, says Elise Gould with the Economic Policy Institute.
“The unemployment rate for Hispanic women sits at 20.2%,” Gould said. “That’s 1 in 5 Hispanic women are n
Small businesses that were temporarily closed due to the coronvirus pandemic at some point, 43 percent have reopened. Those still closed are split over if they will open in the next two weeks.
On the question of how long will it take to return to normal, the majority say six months or more. READ MORE AT FOX BUSINESS
For the last several months, we’ve been told by local, state and government officials to stay at home and nonessential businesses must close down operations. You’ve probably noticed an emerging trend on social media of people seeking to return to some sort of normalcy. READ MORE AT FORBES
Truck loads are growing again. Air travel and hotel bookings are up slightly. Mortgage applications are rising. And more people are applying to open new businesses.
These are among some early signs the U.S. economy is, ever so slowly, creeping back to life. READ MORE AT THE WALL STREET JOURNAL
Whether searching for a job, marketing your business, or trying to sell your expertise, a personal brand will help you get there faster. But cultivating a personal brand is more than just being popular: It’s being known for what you can deliver. READ MORE AT BUSINESS2COMMUNITY
Millions of people have lost their jobs and finding a new one can be difficult, but there's a way you can re-skill to get a career in the tech industry.
Codecademy is offering 100,000 free scholarships for their online courses that can teach you new skills which are used in a variety of in demand tech jobs. READ MORE AT FOX 13
Even though students of color make up roughly 45% of the undergraduate student population, they are less likely to ask for help despite higher levels of depression and anxiety. This is exacerbated by student debt, racism on campus and lack of support.
A study published in the American Psychiatric Association online journal, found that college students in certain ethnic minority groups were more likely to report feeling “hopeless or so depressed it was difficult to function.” READ MORE AT FLATLA
“Looking for a job is a full-time job.” If you were already looking for a job before COVID-19,, you probably feel like the whole process has come to a complete halt. Recruiters and job seekers are both being more cautious as we adjust to this new normal.
During this time of social distancing, business must continue. Work needs to be completed. That means jobs still need to be filled. READ MORE AT LAKE-COUNTY RECORD BEE
Even before the coronavirus pandemic, American businesses were dealing with a diversity problem, struggling to hire and retain talent from underrepresented groups.
Agencies and brands, hurt by the downturn in spending across the economy, are in danger of losing the gains they’ve made. READ MORE AT ADAGE
Latino-owned businesses employ more than 3 million people, according to the 2019 State of Latino Entrepreneurship report by the Stanford Latino Entrepreneurship Initiative (SLEI), a Stanford University research initiative centered around Latinos in business. All told, Latino-owned businesses account for about 4% of U.S. business revenues and 5.5% of U.S. employment.
However, Latino-owned companies remain smaller than white-owned firms, averaging $1.2 million in revenue compared with $2.3 millio