Asian-Americans
Labor Force
- In 2010:
- Number of Asian-Americans in the labor force: 7,248,0001
- Percentage of labor force: 4.7%2
- Percentage of Asian-Americans who participated in the labor force: 64.7%3
- Number of Asian-Americans employed in management, professional, and related occupations: 3,149,000 (6.1% of all people employed in management, professional, and related occupations)4
- In 1998:
- Number of Asian-Americans in the labor force: 6,278,0005
- Percentage of labor force: 4.6% of labor force6
- Projections for 2018:
- Number of Asian-Americans in the labor force: 9,345,0007
- Percentage of labor force: 5.6%8
- Increase of Asian-Americans in the labor force between 1998 and 2018: 48.9%9
- In 2006, Asian-American women held 0.4% of Fortune 100 board seats, and Asian-American men held 1.2%.10
Educational Achievement*
- Number of Asian-Americans getting bachelor’s degrees in 2008-2009: 112,510 (7.0% of those getting bachelor’s).11
- Number of Asian-Americans getting master’s degrees in 2008-2009: 39,944 (6.1% of those getting master’s).12
- Number of Asian-Americans getting doctoral degrees in 2008-2009: 3,875 (5.7% of those getting PhD’s).13
Income
- Among full-time wage and salary workers in 2009, Asian-American women’s median weekly earnings were $779, compared to $952 for Asian-American men.14
Buying Power
- Asian-American buying power has increased from $115.4 billion in 1990 to $543.7 billion in 2010 and is projected to climb to $775.1 billion in 2015.16
- The percentage change in Asian-Americans’ buying power between 1990 and 2015 is 571.9%.17
- Asian-Americans’ share of the consumer market was 4.9% in 2010, and is predicted to rise to 5.5% in 2015. 18
*Asian/Pacific Islander
SOURCES
1 Bureau of Labor Statistics, unpublished tabulations from the 2010 Current Population Survey, "Employment Status of the Civilian Noninstitutional Population by Detailed Age, Sex, and Race," Annual Averages 2010 (2011).
2 Bureau of Labor Statistics, unpublished tabulations from the 2010 Current Population Survey, "Employment Status of the Civilian Noninstitutional Population by Detailed Age, Sex, and Race," Annual Averages 2010 (2011).
3 Bureau of Labor Statistics, unpublished tabulations from the 2010 Current Population Survey, "Employment Status of the Civilian Noninstitutional Population by Detailed Age, Sex, and Race," Annual Averages 2010 (2011).
4 Bureau of Labor Statistics, unpublished tabulations from the 2010 Current Population Survey, "Employed and Experienced Unemployed Persons by Detailed Occupation, Sex, Race, and Hispanic or Latino Ethnicity," Annual Averages 2010 (2011).
5 Bureau of Labor Statistics, Employment Projections, "Table 3.4: Civilian Labor Force by Age, Sex, Race, and Ethnicity, 1988, 1998, 2008, and Projected 2018" (2009).
6 Bureau of Labor Statistics, Employment Projections, "Table 3.4: Civilian Labor Force by Age, Sex, Race, and Ethnicity, 1988, 1998, 2008, and Projected 2018" (2009).
7 Bureau of Labor Statistics, Employment Projections, "Table 3.4: Civilian Labor Force by Age, Sex, Race, and Ethnicity, 1988, 1998, 2008, and Projected 2018" (2009).
8 Bureau of Labor Statistics, Employment Projections, "Table 3.4: Civilian Labor Force by Age, Sex, Race, and Ethnicity, 1988, 1998, 2008, and Projected 2018" (2009).
9 Bureau of Labor Statistics, Employment Projections, "Table 3.4: Civilian Labor Force by Age, Sex, Race, and Ethnicity, 1988, 1998, 2008, and Projected 2018" (2009).
10 The Alliance for Board Diversity, Women and Minorities on Fortune 100 Boards (2008).
11 National Center for Education Statistics, "Table 297: Bachelor’s Degrees Conferred by Degree Granting Institutions, By Sex, Race/Ethnicity, and Field of Study, 2008-2009," Digest of Education Statistics: 2010 (2011).
12 National Center for Education Statistics, "Table 300: Master’s Degrees Conferred by Degree Granting Institutions, By Sex, Race/Ethnicity, and Field of Study, 2008-2009," Digest of Education Statistics: 2010 (2011).
13 National Center for Education Statistics, "Table 303: Doctor’s Degrees Conferred by Degree Granting Institutions, By Sex, Race/Ethnicity, and Field of Study, 2008-2009," Digest of Education Statistics: 2010 (2011).
14 Bureau of Labor Statistics, Highlights of Women's Earnings in 2009 (July 2010).
15 Bureau of Labor Statistics, Highlights of Women's Earnings in 2009 (July 2010).
16 Jeffrey M. Humphreys, The Multicultural Economy 2010, Selig Center for Economic Growth, Terry College of Business, University of Georgia (2010).
17 Jeffrey M. Humphreys, The Multicultural Economy 2010, Selig Center for Economic Growth, Terry College of Business, University of Georgia (2010).
18 Jeffrey M. Humphreys, The Multicultural Economy 2010, Selig Center for Economic Growth, Terry College of Business, University of Georgia (2010).
UPDATED on April 5, 2011
