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Thus, the racial wage gap is just one aspect of inequality in the United States. A criticism of the racial wage gap has been noted by a few scholars: the racial wage gap fails to account for the number of people of a specific race that are unemployed. [6] [21] Examining median incomes does not reflect the growing racial disparity in joblessness ...
Xactly analyzed how the racial wage gap between white, Black, and Hispanic/Latino workers has changed since 2000 using Bureau of Labor Statistics data.
The wealth gap between Caucasian and African-American families studied nearly tripled, from $85,000 in 1984 to $236,500 in 2009. The study concluded that factors contributing to the inequality included years of home ownership (27%), household income (20%), education (5%), and familial financial support and/or inheritance (5%). [ 11 ]
A December 2011 Gallup poll found a decline in the number of Americans who rated reducing the gap in income and wealth between the rich and the poor as extremely or very important (21 percent of Republicans, 43 percent of independents, and 72 percent of Democrats). [190] Only 45% see the gap as in need of fixing, while 52% do not.
One of the most persistent myths about the American workplace is that, at least when it comes to pay, it's a place of equity. If two people are doing the same job, the assumption is that both ...
How much of a gap is there in your industry?
In 2005, median income levels were highest among Asian and White males and lowest among females of all races, especially those identifying as African American or Hispanic. Despite closing gender and racial gaps, considerable discrepancies remain among racial and gender demographics, even at the same level of educational attainment. [68]
A report this morning in the New York Times dives into the widening financial gap between white and Black Americans exacerbated by the coronavirus pandemic, and what Biden's American Jobs Plan is...