Monday, January 24, 2011

New Report Details Minorities’ Struggles to Bounce Back from Recession

New Report Details Minorities’ Struggles to Bounce Back from Recession: As the nascent economic recovery picks up steam, minorities are still struggling to make gains, according to a new report from the Center for American Progress. The report, “The State of Communities of Color in the U.S. Economy,” documents that minorities continue to lag behind Whites in homeownership and economic security while reporting higher rates of unemployment and foreclosures. Representatives from several top advocacy groups held a conference call with reporters this past Friday to discuss the report, and they urged policymakers to take more aggressive measures to aid the most economically depressed communities.