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McLaughlin v. Florida, 379 U.S. 184 (1964), was a case in which the United States Supreme Court ruled unanimously that a cohabitation law of Florida, part of the state's anti-miscegenation laws, was unconstitutional. [1] The law prohibited habitual cohabitation by two unmarried people of opposite sex, if one was black and the other was white.
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.
Of Black and white Americans between the ages of 47 and 70 in 2019, only 13 percent of Black Americans reported receiving an inheritance or wealth transfer, compared with nearly 35 percent of ...
Avery and Rendall used 1989 SCF data to discover that the mean value in 2002 of white Americans' inheritances was 5.46 times that of African Americans', compared to 3.65 that of current wealth. White Americans received a mean of $28,177 that accounted for 20.7% of their mean wealth while African Americans received a mean of $5,165 that ...
For every $100 the average white family had in wealth, the average Black family had $15.75, per 2022 Federal Reserve data.
The term Jim Crow economy applies to a specific set of economic conditions in the United States during the period when the Jim Crow laws were in effect to force racial segregation; however, it should also be taken as an attempt to disentangle the economic ramifications from the politico-legal ramifications of "separate but equal" de jure segregation, to consider how the economic impacts might ...
The wealth gap shows no signs of significantly closing as long as it’s harder for Black people to own a […] The post Black families have more wealth. They’re still poor. appeared first on ...
From the ending of legal segregation through the mid-1970s, the black-white wage gap continued to narrow. However, from the mid-1970s until almost 1990, progress in wage equality greatly slowed. [6] From 1968-1979, the black-white wage gap decreased by an average of 1.2 percent each year.