On all major economic indicators—income, wages, employment, and poverty—African Americans were worse off in 2007 than they were in 2000. Although the American economy has grown significantly since 2000, African Americans have not shared in America’s prosperity. The current economic downturn and the subprime mortgage crisis bode ill for the immediate future for African Americans.
See related work on Income and wages | Race and Ethnicity | Wages, Incomes, and Wealth
See more work by Algernon Austin