Friday, August 19, 2011

Fact #9

Racial and ethnic minorities have fared worse that whites in both the recession and the recovery.

-         “At the official end of the recession, the unemployment rate for whites was 8.7%, which has declined somewhat to 8.0%. The unemployment rate for Hispanics at the end of the recession was 12.2%, which has declined by a lesser extent to 11.9%. Black workers have been hit the hardest: at the end of the recession the black unemployment rate was 14.9%, and it has increased to 16.2%.”

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