Tuesday, July 26, 2011

Study finds recession hits Hispanics hardest

According to a recent New York Times article, a study published by the Pew Foundation found that Hispanics as a group had the largest single decline in wealth of any ethnic or racial group in the country. The study used the data provided by the U.S. Census Bureau to find that the median wealth of Hispanic households fell by 66% from 2005 to 2009.

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