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Study shows blacks are financially worse off in America

blackpoverty

It’s a hard knock life… at least for black Americans. The U.S. Census, which is conducted every 10 years has long been acknowledged as the most accurate measure of demographics in the United States, for government funding and provides a very transparent picture of our nation’s economic stability.

The most recent U.S. Census, which was conducted in 2010, revealed that blacks and other minorities hold the highest poverty rate in what is considered to be the richest country in the world. A startling 27.4 percent of African-Americans and 26.6 percent of Hispanics are living well below the poverty limit.

The study also highlights the harsh reality that over 46.5 million American’s are living in poverty, accounting for 15 percent of our nation’s population. Even more shocking, is the child poverty rate of 21.8 percent.

These numbers, as disturbing as they may be, were gathered from self-reported data, which suggests that, the economic hardships many face today such as: job loss, lack of educational resources, economic standards, and broken families has been particularly crushing for black Americans.

In case the above data was not alarming enough, social researchers are worried that the poverty rate may continue, limiting the opportunities for our future generations. Can black Americans break this cycle of poverty? – ruthie hawkins/@ruubabie



1 Comment

  1. UncleChuck2 on September 23, 2013 at 5:54 pm

    ” Can black Americans break this cycle of poverty?”

    Yes,,,but do we WANT to!?