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Report: Dr. King’s dream of economic equality deferred as racial wealth disparities persist
January 21, 2013
The 10th annual Martin Luther King Jr. Day report by UFE explains that the Great Recession took a greater portion of wealth from Black and Latino families than it did from White families. Today, the average net worth of White families is, respectively, more than six times higher and 5.7 times higher than the average Black and Latino families. Median wealth disparities are even greater.
New Martin Luther King Day report shows that economic policies must be targeted to address racial disparities
January 18, 2010
A new report released today finds that African Americans and Latinos are experiencing the brunt of the economic recession, from joblessness to foreclosures, and that targeted economic policies are required to address the racial economic divide in the U.S.
Current economic recovery is crushing Black America
October 4, 2009
As bad as the last recession has been for Blacks in America, recovery might be worse. In the absence of federal policy interventions and without an effective “trickle-up” stimulus plan, Blacks will not only have lost ground during this recession, they will also continue to lose ground during and after the recovery.
State of the Dream 2009: The Silent Depression
January 15, 2009
The current economic crisis requires more than a color-blind stimulus. It demands a complete economic restructuring that addresses the racial wealth divide.