Business & Economy

How are different Asian-American groups faring economically?

/J.D. Hancock

The United States Department of Labor recently published a report with a detailed breakdown of the different economic outcomes that various Asian-Americans and Pacific Islanders have faced.

As a group, the report points out, "AAPI workers have had more favorable economic outcomes than workers in any other racial group." But the report is a good reminder that each of the ethnic groups within the monolithic umbrella of "Asian-Americans" is vastly different, with varying financial circumstances and degrees of educational attainment.

This report is a follow-up to a similar report from 2011. While some of the 2011 report's findings were widely reported, a few of the details in this more recent update stuck out to us (emphasis ours):