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Blacks hit harder by recession.(RANTS & RAVES)

Colorlines Magazine

| July 01, 2008 | Ong Hing, Julianne | COPYRIGHT 2008 Color Lines Magazine. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

WHILE THE GOVERNMENT defends its fondness for corporate bailouts-including the staggering $3.2 billion to Bear Stearns--the rest of the country is already feeling the effects of the looming recession. According to a new study from the Economic Policy Institute, Black workers will be hit the hardest. "The Black unemployment rate is typically about ...

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Source: HighBeam Research, Blacks hit harder by recession.(RANTS & RAVES)

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