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Recovery for whom?

Publication: T&D
Publication Date: 01-MAR-04
Format: Online - approximately 1035 words
Delivery: Immediate Online Access
Full Article Title: Recovery for whom?(economy upswing)

Article Excerpt
The U.S. and global economies are on the upswing, reports say.

MSNBC, for example, cites as evidence increased consumer spending and investment growth in the United States, rising consumer confidence in Europe, and global expansion by China and India.

But not everyone is reaping the benefits of an improving economy. In the United States, minorities, immigrants, and the working poor are still struggling.

According to the Washington Times, although the U.S. jobless rate declined in fall 2003, the unemployment rate of African Americans rose more than 2 percent in the last year.

Growth in employment among the U.S. Hispanic community, which completely flatlined during the downturn, is back up, the Times reports. But the current rate is far below the pre-recession rate (2 percent versus 5 percent).

Immigrants to the United States are facing their own obstacles, says a report by the Center for Law and Social Policy (CLASP). Many people entering the country...

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