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Study: Racial Wealth Gap Widened During Recession

HeadlineApr 30, 2013

A new study shows the racial wealth gap in the United States has increased. According to the Urban Institute, the average white family was six times wealthier than the average African-American or Latino family in 2010, up from five-times wealthier three decades ago. The average wealth of whites was $500,000 more than the average wealth of African Americans or Latinos.

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