Print

Wealth gap widens between whites and minorities

By The Associated Press
Posted 11:45AM on Friday 12th December 2014 ( 10 years ago )
The economic recovery has not been equal among the races, a Pew Research Center study shows.<br /> <br /> The study released Friday found that the wealth gap between white households and minorities has widened.<br /> <br /> The wealth of white households was 13 times greater than that of black households in 2013, versus eight times the wealth in 2010. And the wealth of white households was more than 10 times that of Hispanic households, up from nine times the wealth in 2010.<br /> <br /> Pew researchers - analyzing data from the Federal Reserve's Survey of Consumer Finances- found that the gap between whites and blacks has reached its highest point since 1989. The wealth ratio for whites-to-Hispanics is at a level not seen since 2001.

http://accesswdun.com/article/2014/12/282887

© Copyright 2015 AccessNorthGa.com All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.