Tag: Martin Luther King Jr. Day report

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.

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.