Analysis by the think tank shows the rate of unemployment for this group of young people has risen from 35 per cent before the downturn, to 48 per cent.
Young black people are now twice as likely to be unemployed than their white counterparts.
Lisa Harker, co-director of IPPR, said the findings were "a worrying reminder" that young people from ethnic minorities are "far more likely to become part of a generation lost to unemployment and disadvantage".
She said: "Extra action should be considered, such as increasing the number of Future Jobs Fund places in disadvantaged areas. This would ensure more young people can learn new skills and stay close to the labour market while looking for permanent work."
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