Differences in unemployment rates across racial and ethnic groups tend to widen sharply during  See Bernstein (2013) and Alichi, Kantenga, and Solè (2016) for more on the potential link between income and wealth inequality and consumer spending. 7 For a discussion of gender disparities, see Yellen (2015). 8 See Cajner and others (2017) for more on racial gaps and the labor market.
As you are aware under the Mortgage Arrears Resolution Targets imposed by the Central Bank last year the banks are required to meet quarterly targets on the resolution of mortgage arrears. To date we have received returns from the banks for three quarters and we reported the outcomes of our first assessment in November.