05 9 / 2012

"

Today’s 14.1 percent black unemployment rate is almost twice the 7.4 percent white rate, and the racial gap — after narrowing from 2005 to 2009 — has widened since the recession’s June 2009 end. At Obama’s inauguration, 7.1 percent of whites were jobless compared with 12.7 percent of blacks.

Amid a fitful economic recovery over the past three years, black households’ median annual income fell 11.1 percent, more than twice the 5.2 percent inflation-adjusted decline suffered by white households, according to an analysis of Census Bureau data by Sentier Research.

"

Ooof. And that’s just in the last three years. That’s a massive and rapid backslide, during a period which is supposed to have been some form of economic recovery. (via jakke)

(Source: bloomberg.com, via ro-s-aspa-rks)

  1. katthekonqueror reblogged this from aka14kgold
  2. affably reblogged this from ro-s-aspa-rks
  3. kittybuffalo reblogged this from jakke
  4. steviemcfly reblogged this from aka14kgold
  5. bitterseafigtree reblogged this from aka14kgold
  6. aka14kgold reblogged this from ro-s-aspa-rks
  7. ro-s-aspa-rks reblogged this from jakke
  8. jakke posted this