Thursday, May 21, 2009

News? Latinos And Black Men Hit Hardest By Recession

Not surprisingly those on the lower rungs of "the ladder" are being hit the hardest. If this doesn't express how much Latinos and African American are in this struggle together - I don't know what does:

"Surveys show young Latino and black men have been hardest hit by this economic recession:

“The jobless rate for black men reached a Depression-like 26 percent in the first quarter for those between ages 20 and 24, and 20 percent for those between 25 and 34. For Hispanic men, the corresponding rates were 16 percent and 13 percent. Generally, those levels were the highest since the deep recession of the early 1980s.”

It seems women are doing better than men but "What hasn't changed is that disparities based on factors such as race are still evident. So while white men ages 45 to 54 are seeing a record high unemployment rate of 8 percent, the rate for African-American men in that age range is 13 percent, which isn't a record.""

Full article here: Democratandchronicle.com via Guanabee.com

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