From DCentric:
The recession from 2007 to 2009 has hit nearly all sectors and communities in the American economy, but minorities, and particularly African Americans, may have been affected the most. Jesse Washington's recent Associated Press story about how the recession reversed many of the economic gains that took the black community many years to attain contains some grim statistics: in 2009, the average black household had only 2 cents for every dollar of wealth held by the average white household, and in April 2010, black male unemployment hit its highest point since the government began tracking it in 1972.
Read more here.
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