Black People : Blacks Still Suffering in Spite of Economic Recovery

Discussion in 'Black People Open Forum' started by Alarm Clock, Jun 14, 2013.

  1. Alarm Clock

    Alarm Clock Well-Known Member MEMBER

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    AFRICANGLOBE – Although the overall unemployment rate still exceeds 7 percent, and the official Black unemployment rate is greater than 13 percent, there are some who insist that there is a robust economic recovery in progress.
    Indeed, we were declared “post recession” in 2011 based on the definition of recovery as GDP growth for three quarters in a row.
    The perception of whether the recovery is stumbling or soaring depends on your own financial status. White and Asian households headed by those age 40-61 and have a two or four year degree recovered all but 2 percent of their wealth by 2012.
    http://www.africanglobe.net/headlines/blacks-suffering-spite-economic-recovery/

    Blacks Still Suffering in Spite of Economic Recovery

    The next time you hear about economic recovery ask “whose recovery has this been?” Some have escaped from the Great Recession unscathed.
    africanglobe.net
     
  2. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    will you chill out with all the posts, please? we don't need the newspaper reproduced for us by you.
     
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