Economic Policy Institute: Even though the U.S. recession officially ended in June 2009, the country’s unemployment rate remains devastatingly high. The situation is particularly dire for many African Americans and Latinos—and is not predicted to improve any time soon.
Among the states with sufficient data for reliable estimates, African American unemployment rates exceeded 10 percent in 24 states and the District of Columbia in the third quarter of 2011, while unemployment rates for Latinos exceeded this symbolic threshold in 14 states. If our political leaders fail to quickly enact bold measures to spur a faster economic recovery, the status quo of high unemployment rates for African Americans and Latinos is likely to persist throughout 2012…
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