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Links 1 through 10 of 45 by Latoya Peterson tagged economics

"When a service call would come in, we would ask, “Does he sound white or black?” If it was the former, I would bid the job. If the latter, my boss would. Detroit is one of the most segregated metro areas in the nation, and for the first time I was getting what it felt like to be on the other side of that line. In contrast to the abstract verbal yoga students at the University of Michigan would perform when speaking about race, this was refreshing. And terrifying. I couldn’t hide behind fancy words any longer."

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"Many in D.C. proper view class, not race, as the District’s biggest divider, but racial segregation is more prevelant in the city than in the region as a whole. And the wealthiest areas in D.C. also have the fewest numbers of African American residents. For example, the black population accounts for only 5 percent of Ward 3, the city’s wealthiest area, where the median income is about $97,000."

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"The Cuban government will soon cast a media spotlight on the issue of racism on the island, although some programs to improve the lives of black Cubans had to be cut because of economic restraints, a Havana official said Thursday.

"Their unusually frank comments — for decades Cuba officially denied the existence of discrimination on the island — seemed to reflect the growing concern over race issues as the country drops some of its socialist policies and embraces more private enterprise."

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"A coalition of 115 House Democrats have signed a letter to Attorney General Eric Holder calling on the Justice Department to vigorously oppose voter ID laws that are sweeping state legislatures across the country.

"'Many of these bills only have one true purpose, the disenfranchisement of eligible voters -- especially the elderly, young voters, students, minorities, and low-income voters,' they write in the letter."

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"Based on data from the Census Bureau, the study highlights how blacks and Hispanics have been disproportionately affected by the collapse of the housing market, the financial crisis and the recession that marked the period from 2005 to 2009.

"It found that the wealth gap between white households and their black or Hispanic counterparts was the widest it has been since the government began publishing such data by ethnicity in 1984.

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"The Social Security 'tweak' that Obama reportedly put on the table would change the inflation measure that determines whether recipients get a cost-of-living boost or not. But the bigger reason for the Democrats' panic and horror at the thought of this or any other change to Social Security is that it would spell even greater destitution for minorities. 

"Two figures tell the devastating impact that any cut in Social Security would have on minorities. Nearly 40 percent of African-American recipients rely solely on a Social Security check for their income. One out of three African-Americans and Hispanics would sink below the official poverty line without their Social Security payout."

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"Hispanics, now the second-largest group in the U.S., are more likely to go to movies, the Motion Picture Association of America says. Last year, 43 million Hispanics purchased 351 million movie tickets, an MPAA report says, an uptick from the 37 million who bought 300 million tickets the previous year.

And in 2010, when Nielsen examined that coveted group of heavy moviegoers -- people who see on average 16 movies a year and contribute to 63 percent of ticket sales -- it found that Hispanics make up 26 percent of those frequenting theaters."

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"The recession from 2007 to 2009 has hit nearly all sectors and communities in the American economy, but minorities, and particularly African Americans, may have been affected the most. Jesse Washington’s recent Associated Press story about how the recession reversed many of the economic gains that took the black community many years to attain contains some grim statistics: in 2009, the average black household had only 2 cents for every dollar of wealth held by the average white household, and in April 2010, black male unemployment hit its highest point since the government began tracking it in 1972.

“'History is going to say that the black middle class was decimated,' Maya Wiley, director of the Center for Social Inclusion, tells Washington. 'But we’re not done writing history.'”

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"A growing body of evidence suggests that a mix of developments — expanding economic and educational opportunities, rising border crime and shrinking families — are suppressing [undocumented-immigrant] traffic as much as economic slowdowns or immigrant crackdowns in the United States.

"Douglas S. Massey, co-director of the Mexican Migration Project at Princeton, an extensive, long-term survey in Mexican emigration hubs, said his research showed that interest in heading to the United States for the first time had fallen to its lowest level since at least the 1950s. 'No one wants to hear it, but the flow has already stopped,' Mr. Massey said, referring to illegal traffic. 'For the first time in 60 years, the net traffic has gone to zero and is probably a little bit negative.'”

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"Ethnic Chinese residents of the French capital say they are being systematically attacked and robbed - and they are campaigning for more police protection.

"[Belleville is] an area which, until recently, was held up as a model of multi-cultural harmony."

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