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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 ...
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 ]
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 ...
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.
According to the Urban Institute, Black women face a 90% wealth gap, and the earnings gap drives two-thirds of this divide. The think tank says that Black women lose more than $900,000 over a 40 ...
How much of a gap is there in your industry?
For example, the 3.5% productivity gap in the information industry was composed of a 2.1% difference in deflators and about a 1.4% due to change in labor share. The 2.7% gap in Manufacturing included 1.0% due to deflator and 1.7% due to change in labor share. [22]
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...