The overall income of Americans grew at the fastest rate, with paychecks getting their biggest boost since the end of the Great Recession.
Affluent black Americans who are leaving industrial cities for the suburbs and the South are shifting traditional lines between rich and poor, according to new census data.
Millions of Americans endured financial calamities in the recession. But for many in the black community, job loss has knocked them out of the middle class and back into poverty. And some experts warn of a historic reversal of hard-won economic gains that took black people decades to achieve.
Millions of Americans endured financial calamities in the recession. But for many in the black community, job loss has knocked them out of the middle class and back into poverty. And some experts warn of a historic reversal of hard-won economic gains that took black people decades to achieve.