Posted inBlack / Financial crisis / Inequality / News / USA Empire

Racial Wealth Gap Widened During Recession

A new study shows the racial wealth gap in the United States has increased. According to the Urban Institute, the average white family was six times wealthier than the average African-American or Latino family in 2010, up from five-times wealthier three decades ago. The average wealth of whites was $500,000 more than the average wealth of African Americans or Latinos.
2013

Leave a Reply

Your email address will not be published. Required fields are marked *