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Asian Americans in the U.S. Workplace - 10/27/16

Twenty sixteen may be remembered for many things, including as the year of the stereotype.  Broad statements have been made about many groups of people this year.  Sometimes, these stereotypes are positive.  For instance, there is a conventional view that Asian Americans are generally pretty successful in school and in the workplace. 

But a recent Labor Department report indicates that the nation’s nearly eighteen million Asian Americans and Pacific Islanders have vastly different experiences in the labor market and in school.  As indicated by writer Melanie Trottman, last year, Filipinos working full time in the U.S. earned less than two thirds of the median for Indian Americans. 

Native Hawaiians and other Pacific Islanders suffered unemployment at more than twice the rate of Japanese Americans.  Only a third of Vietnamese Americas has at least a bachelor’s degree compared with sixty percent of Koreans. 

A number of Asian American groups generate higher median weekly earnings that whites, including people of Indian, Japanese, and Korean decent.  The median weekly earnings of Vietnamese Americans is closer to that of African Americans.   

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.