Report says blacks, Latinos losing economic ground

A new report from the National Urban League says African-Americans and Latinos are losing economic ground when compared with whites in the areas of employment and income.

The annual report, called “One Nation Underemployed: Jobs Rebuild America,” notes that the underemployment rate for African-American workers is 20.5 percent. That's compared with 18.4 percent for Hispanic workers and 11.8 percent for white workers. Underemployment is defined as those who are jobless or working part-time jobs but desiring full-time work.

The report also says African-Americans are twice as likely as whites to be unemployed. The unemployment rate for blacks was 12 percent in February, compared with 5.8 percent for whites.

National Urban League President Marc Morial says African-Americans and Latinos are being disproportionately left behind by post-recession job creation.