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Study: Recession Tougher on Black Middle Class
Jul 21st 2010 – 2:53PM
J. Pat Carter, AP
(July 21) -- Middle-class black Americans dipped into their retirement accounts to stay afloat during the recession at a higher rate than their white counterparts did, broadening the "retirement gap" between whites and African-Americans, according to a new study. Nearly half of all blacks making at least $50,000 a year...
Background on Ariel Investments
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