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Keywords:racial disparities 

Discussion Paper
Racial Disparities in the Labor Market

Current research tells us that racial gaps in wages, employment, and labor participation have widened over recent decades. Many factors contribute to these disparities, including difficult to measure dynamics like discrimination, criminal conviction history, and skills gaps.
Workforce Currents , Paper 2018-02

Speech
The Economic Outlook: Getting Back to "More Like Normal"

Remarks at One Hundred Black Men of New York (delivered via videoconference).
Speech

Journal Article
How Do Business Cycles Affect Worker Groups Differently?

Racial disparities in socioeconomic outcomes for the U.S. population are often masked by aggregate statistics. Unemployment rates vary significantly across groups according to gender and race or ethnicity and have different sensitivities to the business cycle. Focusing on jobless rates by demographic groups shows that Black and Hispanic workers, particularly men, are the most sensitive to periods of economic growth and decline. This higher sensitivity persists across individuals with the same education level. Occupation plays a role in explaining the relative cyclical differences in ...
FRBSF Economic Letter , Volume 2021 , Issue 25 , Pages 01-06

Journal Article
From Gaps to Growth: Equity as a Path to Prosperity

The pandemic has shined a vivid light on the deep roots of economic inequity, showing that the rules are not the same for everyone. Persistent, unfair gaps in opportunity and well-being across different groups in our society limit people’s potential. Eliminating these inequities could substantially boost GDP and increase the economy’s long-run rate of growth, leading to greater prosperity for all.
FRBSF Economic Letter , Volume 2021 , Issue 26 , Pages 01-07

Speech
From Gaps to Growth: Equity as a Path to Prosperity

Presentation to UCLA Anderson Forecast Webinar, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco, September 29, 2021
Speech

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