1. Blacks and Hispanics Hit Hardest by Recession
... 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 ... are more affected by the downturn because they were more exposed to the bubble simply because of the geography, partly because they actually followed the housing ...
- Word Count: 551
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate