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In 2015, Asian American men were the highest earning racial group at $24/hour. Asian American men earned 117% as much as white American men ($21/hour) and have been out earning their white Americans counterparts since about 2000. Similarly, in 2015 Asian American women earned 106% as much as white American women. [28]
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?
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 ]
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 ...
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.
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...