A new report from the University of California Berkeley Center for Labor Research and Education reveals that minority workers are more likely to live in poverty when they retire. The report, "Black and Latino Retirement (In)Security" shows that these seniors are more likely to have lower incomes and a higher rate of poverty, and less likely to have a workplace retirement plan -- all of which consequently impacts their ability to retire with financial security.

While African American workers finally saw a drop in the unemployment rate last month, many still have a reason to be concerned about their economic future -- including the possibility of retiring in poverty after a lifetime of work. In an op-ed last week, SEIU Executive Vice President Gerry Hudson wrote about the racial and economic imperative of finding retirement security for all.