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Unformatted text preview: problem is the difference in unemployment rate of minorities. The official unemployment rate is at 9.7 percent but for African Americans it is nearly 16 percent and for Latinos it is 12.4 percent. The Congressional Black Caucus held a rare meeting with President Obama to pressure him to create more jobs in the black community. Another topic discussed in democracy now today was the Forbes report on the 500 richest people. 300 people on the Forbes list are new billionaires. It was discussed that this achievement shows the ever-widening gap between the rich and the poor. http://www.democracynow.org/2010/3/12/study_median_wealth_for_single_black...
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- Spring '10
- Economics, White people, Congressional black caucus, vast difference