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Stock impact report

Coronavirus Layoffs More Severely Threaten Housing Security for Asian, Latinx and Black Households

Zillow Group, Inc. - Class A (ZG) 
Last zillow group, inc. - class a earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: PR Newswire
SEATTLE, April 27, 2020 /PRNewswire/ -- Massive job losses due to the COVID-19 pandemic have touched nearly every industry in some fashion, but perhaps none more so than food, arts and retail workers. Latinx, Asian and black households will feel the impact of layoffs in these industries most significantly, a new Zillow® analysis showsi.More than 22 million Americans have filed unemployment insurance claims over the past four weeksii, including many in the food, arts and retail industries. Latinx, Asian and black workers are disproportionately represented in these jobs compared to white workers -- nationwide, 8.3% of white workers are employed in these industries, compared with 12.7% of Latinx workers, 10.2% of Asian workers and 10.1% of black workers.This is compounded by these non-white households typically facing a greater rent burden, meaning after they pay rent they have less left over for other expenses or to save for an economic hardship. Typical renter households that receive t Show less Read more
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