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Bank Of America Commits $1 Billion To Support Economic Opportunity After Pandemic, Protests

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“Since the coronavirus pandemic hit the U.S. economy, economic and racial opportunity gaps and overall inequality have risen sharply. Unemployment for minorities and younger workers has skyrocketed beyond the national unemployment rate, which economists now peg at 20%. To date, data from credit monitors indicates service workers, those in tourism states, and low-income workers have been hit the hardest financially and haven’t seen any recovery”

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