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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 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.
For every $100 the average white family had in wealth, the average Black family had $15.75, per 2022 Federal Reserve data. Is racial wealth gap 'smallest it's been in 20 years,' as President Joe ...
To determine which racial and ethnic groups have the widest gender pay gaps, Bankrate aggregated and analyzed data from the U.S. Census Bureau’s Current Population Survey Annual Social and ...
[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 ...
Most U.S. families got wealthier during the COVID-19 pandemic, according to a new Pew Research Center study released Monday.. But wealth gaps existed and persist among different racial and income ...
Therefore, closing the pay gap by raising women's wages would have a stimulus effect that would grow the U.S. economy by at least 3% to 4%. [195] Women currently make up 70 percent of Medicaid recipients and 80 percent of welfare recipients, meaning their lower incomes make them more eligible for government and state funded programs.
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 ...