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AARP – African American Experiences in the Economy: Recession Effects More Strongly Felt

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African American Experiences in the Economy: Recession Effects More Strongly Felt, February 2010

  • “This economic recession has had a devastating impact on the African American community. The survey, found that over the last 12 months, a third (33%) of African Americans 45+ had problems paying rent or mortgage, and 44% had problems paying for essential items, such as food and utilities. Nearly twice as many African Americans 45+ lost a job than the general population (18% vs. 10%), and almost one in four (23%) lost their employer-sponsored health insurance.”
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