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The booming and increasingly dynamic District economy is leaving the city’s longtime black residents behind, according to a study released Thursday that examines African American employment, population and housing trends in the nation's capital. The Georgetown University report, which culled data from several recent studies, found that more than half of all new jobs in the District between 2010 and 2020 will require at least a bachelor's degree, though only 12.3 percent of black residents in 2014 had graduated from college. The average white household has a net worth of $284,000, while the assets of the average black household are just $3,500. [ Net worth of white households in D.C. region is 81 times that of black households ] Full story

12 October