The State of the Dream 2009, by United for a Fair Economy, reveals that while the general economy is in a recession, people of color are experiencing a silent economic depression that, in terms of unemployment, equals or exceeds the Great Depression.
Released on Martin Luther King Day, the report highlights the extreme economic inequality that marks the United States today, and the way that people of color suffer disproportinately because of structural racism and the web of policies that evolved from it.
The report notes, for example, that 24% of blacks and 21% of Latinos live in poverty, compared to 8% of whites, and that among young Black males aged 16-19 the unemployment rate is 32.8%, while among their white counterparts it is 18.3%.
United for a Fair Economy (UFE) is national organization that raises awareness that concentrated wealth and power undermine the economy, corrupt democracy, deepen the racial divide, and tear communities apart.
Links to additional information and resources on economic issues are available on the Highlander website here.