he unemployment situation across America is bad, no doubt. But for African-Americans in some cities, this is not the great recession. It’s the Great Depression.
Take Charlotte, N.C., for example. It is a jewel of the “new South.” The largest financial center outside of New York City, it's the showcase for next year’s Democratic National Convention. It was a land of hope and opportunity for many blacks with a four-year college degree or higher.
Read more: http://www.foxnews.com/us/2011/07/28/african-american-middle-class-eroding-as-unemployment-rate-soars/#ixzz1TRMiHDAS