Videos ? Latest ? Feature ? Sports ? Your Videos
 

Asian Americans face uncertain financial future

0 Comment(s)Print E-mail CNTV, July 9, 2012
Adjust font size:

 

Even though Asian Americans appear to be surviving the economic storm better than most, many in this community still face an uncertain financial future. [File photo]

Even though Asian Americans appear to be surviving the economic storm better than most, many in this community still face an uncertain financial future. [File photo]


Since the 2008 financial meltdown, Asian-Americans are finding more employment than any other ethnic group in the United States. But according to the U.S. Census Bureau, more and more Asian Americans are also poor.

No U.S. president has been re-elected with unemployment around 8 percent for over half a century. So the Obama administration is tracking the monthly unemployment figures closely, as are voters.

But there are some unique challenges facing the Asian-American community in the Washington, D.C. area.

"It’s hard to find a job in the US because I’m foreign."

One organization hoping to make a difference is the Asian Fortune Newspaper. Organizer Lily Chen welcomed businesses and government agencies seeking to diversify their workforce.

Lily Chen, owner of Asian fortune newspaper, said, "My father started putting on these job fairs in 2008 when the financial crisis hit, to reach out to the community and help them."

The most recent U.S. census found that Asian-Americans earn the highest median wage, mainly because they have the largest proportion of college graduates. Nearly 60% of Asian-Americans over 25 hold a college degree. But the impressive number of skilled workers is also masking challenges in the community when it comes to poverty.

The aggregate data paints a rosier picture, thanks in large part to the recent rise in professional, affluent, Asian immigrants but it’s masking a problem among less skilled Asian workers already in the U.S. The census figures show there’s also been a downward trend in the number of young Asian Americans graduating from college and high school.

A report from the national Coalition for Asian Pacific American Community Development shows the number of Asian-Americans living in poverty has jumped nearly 46% over the last ten years-only surpassed by Hispanic-Americans at 55% and Native Hawaiian Pacific Islanders at 77%. The poverty rate among Asians born in the United States has now exceeded the rate among Asian immigrants.

President Obama addressed some of these issues during his recent speech at the Asian American and Pacific Islander Gala in Washington DC.

Barack Obama, US President, said, "We have to remember that there are still educational disparities, like higher dropout rates in certain groups, lower college enrollment rates in others. There are still economic disparities like higher rates of poverty and obstacles to employment."

So even though Asian Americans appear to be surviving the economic storm better than most, many in this community still face an uncertain financial future.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产精品福利尤物youwu| xxxx日本黄色| 最近最新2019中文字幕4| 亚洲综合色成在线播放| 精品国产污污免费网站入口| 国产亚洲美女精品久久久久| 五月天在线婷婷| 国产精品日日爱| 97碰在线视频| 天天操综合视频| 一本久久a久久精品亚洲| 抬头见喜全集免费版| 久久伊人色综合| 日韩精品无码人妻免费视频| 亚洲午夜久久久影院伊人| 波多野结衣妻奴| 人碰人碰人成人免费视频| 精品国产v无码大片在线看| 四影虎影ww4hu32海外网页版| 青草青草视频2免费观看| 国产成人无码一区二区三区| 亚洲精品aaa| 国产精品亚洲一区二区无码| 91国高清视频| 国模欢欢炮交150视频| av潮喷大喷水系列无码| 好妈妈5高清中字在线观看| 东北女人奶大毛多水多| 成年女人黄小视频| 久久99精品九九九久久婷婷| 日本免费无遮挡吸乳视频电影| 久久精品午夜福利| 最新亚洲精品国自产在线观看| 亚洲一成人毛片| 欧美午夜一区二区福利视频| 亚洲情a成黄在线观看| 欧美日韩电影在线观看| 亚洲欧美日本另类| 欧美黄色xxx| 亚洲欧洲日产国码一级毛片| 欧美美女毛茸茸|