Economic Gap Widens for Blacks
The economic recovery following the worst recession since the Great Depression is quickly approaching its third anniversary in June. Many people probably don’t feel up to celebrating as they struggle to find good jobs and pay their bills while continuing to feel the economic pain left over from the Great Recession.
This is especially true for communities of color, as we document with our colleague, Jane Farrell, in a recent report released by the Center for American Progress. Our research shows that communities of color generally enjoy less economic security than whites, often substantially so, and in some instances, the gap in economic security by race and ethnicity has widened during the recession and the subsequent recovery. This is particularly the case for African Americans.
Read more here.
This article was originally published in The Root.
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