Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

New Report: Recession Hit African-American and Non-College Educated DC Residents Particularly Hard

Packing a Punch: The Recession Hit African-American and Non-College Educated DC Residents Particularly Hard by Ed Lazere and Max Brauer | October 13, 2010

  • “The Great Recession and its aftermath have left an impact on the District, though its harmful effects varied by race and level of education. While employment remained relatively steady for white DC residents and those with a college degree, unemployment surged in 2009 for Latino and African-American DC residents and for those with less than a four-year college education. The number of jobless workers living in the District more than doubled in a two-year period — from 19,000 in January 2008 to 40,000 in January 2010 — as the unemployment rate rose from 5.6 percent to 12.0 percent. By January 2010, DC’s unemployment rate was the highest since such data were first collected in 1976. DC’s unemployment rate has fallen since then, but still is at one of the highest levels on record.”
  • Related postings on financial system
  • Sorry, comments are closed for this post.