1. Blacks and Hispanics Hit Hardest by Recession
... median family income was declining faster for the minority groups than for whites (The Huffington Post). "The median wealth of white households is 20 times that of black households and 18 times of Hispanic households," wrote a market analyst (Chung). While these reports revealed some startling figures, they also provided a few reasons for the discrepancies between blacks ... and Hispanics and whites. The recession greatly affected industries that typically employed Hispanics, including construction and manufacturing. Also, Hispanics heavily populated parts of the country that suffered th...
- Word Count: 551
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate