Depression-like levels in 2009, an Economic Policy Institute analysis finds. The report, Uneven Pain: Unemployment by Metro Area and Race by EPI researcher Algernon Austin, examines unemployment by race in the 50 largest metro areas in the United States.
The white unemployment rate reached double digits in four metro areas. Unemployment rates for nonwhite populations were particularly high in three cities: Providence had a Hispanic unemployment rate of 21.4% and Detroit and Minneapolis had African American unemployment rates of 20.9% and 20.4%, respectively.
The Hispanic and African American metro unemployment rates exceeded 1.5 times the white metro unemployment rate in most of the metros analyzed. In Providence, the Hispanic unemployment rate was double the white rate, and in Minneapolis and Memphis, the African American unemployment rate was three times the white rate. READ FULL STORY
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