UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. See main page for full contents

September 22, 2009

RECESSION HURT HISPANICS MOST

Hispanic Link - The U.S. economic recession is hitting Hispanic households harder in the pocketbook than it is affecting other ethnic or racial groups, according to a new U.S. Census analysis. Overall, there were 39.8 million persons living in poverty in this country last year (13.2%) vs. 37.3 million the year before (12.5 %). For Hispanics, the rate jumped 1.7%, up to 23.2%, more than double that percentage increase for any other group. . . Real medium household income fell 3.6% for all groups — $52,163 to $50,303. Hispanics suffered the greatest decline at 5.6%, dropping to $37,913. Their tumble rate was double that of whites as well as blacks.

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