Search results
Results from the WOW.Com Content Network
A study by the Brandeis University Institute on Assets and Social Policy which followed the same sets of families for 25 years found that there are vast differences in wealth across racial groups in the United States. The wealth gap between Caucasian and African-American families studied nearly tripled, from $85,000 in 1984 to $236,500 in 2009.
Ethnic and racial groups also differ in rates of homeownership, residential segregation, overall wealth, exposure to crime and toxic pollutants, and in access to power in the upper reaches of our society". [6] Thus, the racial wage gap is just one aspect of inequality in the United States.
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). [191] Only 45% see the gap as in need of fixing, while 52% do not.
The racial wealth gap could be reduced by 10% over three generations if Black households wrote wills at the same rate as white ones, according to a recent study.
The twin demons of the housing market crash and the Great Recession have created historic wealth gaps among ethnic and racial groups in America, according to new Pew Research analysis: The median ...
[191] [192] [193] Across racial categories, women of every racial or ethnic group earn less than men of the same group. [194] Beyond overt discrimination, multiple studies explain the gender pay gap in terms of women's higher participation in part-time work and long-term absences from the labor market due to care responsibilities such as ...
The same Federal Reserve report that Biden referred to said racial wealth gaps "persisted and widened" in 2022 based on the dollar amount differences in median wealth between white and nonwhite ...
"Mixed race" (in combination with other races) and multi-ethnic categories are not listed separately. For Per Capita Income (per person income) by Race and Ethnicity go to List of ethnic groups in the United States by per capita income. Household income refers to the total gross income received by all members of a household within a 12-month ...