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Brookings Mountain West is pleased to announce the release of a new economic development policy brief: 

"Explaining the Economic Impact of COVID-19:
Core Industries and the Hispanic Workforce
,"

by Aaron Klein and Ember Smith

 

Explaining the Economic Impact of COVID-19:
Core Industries and the Hispanic Workforce
Aaron Klein , Brookings Institution senior fellow in economic studies, and Ember Smith, Brookings Institution research assistant for the Center on Children and Families,  author this timely brief exploring the economic implications of the COVID-19 recession. 
As the United States prepares for a COVID-19 recovery, policymakers need to understand why some cities and communities were more vulnerable to the pandemic’s economic consequences than others. This paper considers the association between a city’s core industry, its economic susceptibility to the pandemic, and the recession’s racially disparate impact across six select metropolitan areas.
Click Here to Read the Full Report Online
Klein and Smith examine six metropolitan areas: three with heavy concentration in industries negatively impacted by COVID-19 (Las Vegas, Orlando, and Reno) and three with economies heavily concentrated in industries less negatively, or even positively, impacted by COVID-19 (Seattle, San Francisco, and Washington, D.C.). 
Table 2: 12-month percent change in employment by industry, November 2019-20
Areas with economies that rely on the movement of people—like Las Vegas with tourism—faced substantially higher unemployment at the end of 2020 than cities with core industries based on the movement of information. The hardest-hit areas have larger Hispanic or Latino communities, reflecting both the demographic composition of workers in heavily impacted industries, and the geography of urban areas their core industries. 
Figure 5: Unemployment Change and Share of Workers Who Are Hispanic or
Latino, Select Industries
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Brookings Mountain West · 4505 South Maryland Parkway · Las Vegas, Nv 89154 · USA

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