Thread by @cmehta3

A1. We live in a society, and with a labor market, grotesquely segregated by race, ethnicity, and gender. So, if you want to understand the health of the economy, you have to look at employment and labor force participation rates by demographic characteristics. #BeyondtheNumbers

https://twitter.com/Groundwork/status/1499806884877848577

A1.2 I know a lot of people are excited about the job growth. Of course, it is good news, overall. But underneath the hood we see that the benefits of this labor market are not reaching all segments of the labor market, equally. #BeyondtheNumbers

A1.3 This month, what we see is, despite significant job growth last month and white unemployment already down near 3% for three months in a row, Black workers are still unemployed at a rate double that of white workers. #BeyondtheNumbers

A1.4 Black women experienced an uptick in unemployment last month. Black men experienced a relative sharp uptick in employment last month and saw their unemployment rate drop a full percentage point. #BeyondtheNumbers

A1.5 In short, Black workers are not at full employment. The trend is in the right direction, but policy makers, including the Federal Reserve, will put at risk the prospect of achieving Black full employment if they slow down the economy. #BeyondtheNumbers

A1.6 I talked with @dorianwarren about the inherent racism in our federal monetary policy for #ChangeWire here. #BeyondtheNumbers changewire.org/2022/03/04/the…

A1.7 Finally, this month, more women left the labor force and more are unemployed. Affordability of child care remains, and the fact that caregiving duties fall mostly to women, huge barriers to women having a fair shot in this job market. #BeyondtheNumbers