Black unemployment in greater Atlanta nearly doubled between 2007 and 2010.
Evidence
The sprawling metropolis of Atlanta sat at the epicenter of the housing crisis that shook the foundations of the American economy. Once considered a promised land where good-paying jobs and affordable living offered a real chance for people to fulfill their dreams, by 2012, Atlanta was a wasteland of foreclosed homes and skyrocketing unemployment. In 2007 black unemployment in greater Atlanta was 8.3 percent, but by 2010, that figure had nearly doubled. Chris was among the casualties. According to the Federal Reserve, Atlanta held the dubious distinction of having “the most government-owned foreclosed properties for sale of any large city.” The hard reality was undeniable, and Chris was just one example among many: the housing crisis was devastating black Atlanta, and it hardly stopped there. Like an out-of-control wildfire spreading across dry brushland, the crisis engulfed black America. — Eddie S. Glaude Jr., Democracy in Black, 35
Categorization
Category: Factual Claims
- SHARE: A precise, citable statistic — Atlanta black unemployment 8.3% to ~16% — one the reader could send to someone tracking post-2008 racial economic disparity data.
Related
- Black unemployment rose to nearly double the white rate after 2008 (similarity 0.83)
- Post-2010 recovery bypassed Black-majority Atlanta neighborhoods almost entirely (similarity 0.81)