In 2010, the United States labor force included 7.2 million people of Asian descent1 0.4 million people of Native Hawaiian or Other Pacific Island descent. Together these two groups were 5.0 percent of the labor force in 2010. Asians are expected to comprise 5.6 percent of the U.S. labor force by 2018.. In 2010, nearly 60 percent of Asian-Americans aged 16 and over were employed and just under one in six of those employed were working part-time. Forty-six (46) percent of all employed Asians in 2010 were women, similar to the percentage among employed whites, but lower than the figure of 50 percent among Native Hawaiians and Other Pacific Islanders. The labor force participation rate of Asian-American women (57.0 percent) in 2010 was lower than the labor force participation rate of white women (58.5 percent) and of Native Hawaiian and Other Pacific Islander women (65.5 percent). Asian-Americans are more likely than either whites or blacks to be employed as wage and salary workers in the private sector, with more than 8 in 10 employed Asians working in the private sector. Conversely, Asians are less likely to work for government than are either whites or blacks. Self-employment is a growing alternative to private sector employment among Asians. In 2010, 6.3 percent of Asians were self-employed. According to the most recent Census Bureau Survey of Business Owners (2007), the number of Asian-owned businesses expanded at a rate (40.4 percent), a rate that more than doubles the national average between 2002 and 2007.”
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