Labor market expansion between 2021 and 2022 was felt across demographic groups: Percentage-point change in unemployment rate and employment-to-population ratio between 2021 and 2022 for select demographic groups
| Group | Percentage point change |
|---|---|
| Overall | -1.7 |
| Black | -2.5 |
| Hispanic | -2.5 |
| Young adults | -1.6 |
| Overall | 1.6 |
| Prime-age | 2.3 |
| Men’s PA | 2.3 |
| Women’s PA | 2.3 |
Notes: Race and ethnicity categories are mutually exclusive (i.e., Black non-Hispanic, Hispanic, all races). Young adults is defined as between the ages of 16 and 24. Prime-age is defined as between the ages of 25 and 54.
Source: EPI analysis of Bureau of Labor Statistics’ Current Population Survey public data.