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Table 8 Mean differential analysis for the unemployment rates for the State of Illinois

From: The impact of the coronavirus on African American unemployment: lessons from history

 

Pre-911 UER

Post-911 UER

Mean Differential

t-statistic (p-value)

Panel A. Pre-911- Illinois Post 911 Means Differential analysis

A.1. African Americans

 Mean

13.88

11.63

− 2.25

− 2.29 (.02)

 S.D

3.21

1.16

  

 N

13

8

  

A.2. White Americans

 Mean

5.60

4.62

− 0.98

− 1.84 (0.04)

 S.D

1.82

.48

  

 N

13

8

  
 

Max 2008 UER

Post-2008 UER

Mean Differential

t-statistic (p-value)

Panel B. Pre-2008- Post 2008 Means Differential analysis

B.1 African Americans

 Mean

11.63

13.9

2.27

1.81 (0.04)

 S.D

1.16

3.92

  

 N

8

11

  

B.2. White Americans

 Mean

4.94

6.28

1.34

1.88

(0.04)

 S.D

0.72

2.20

  

 N

8

11

 Â