Study: Wide Black-White Wealth Gap Growing

Thursday, February 22, 2018
Diverse: Issues In Higher Education

“Income is just one factor that determines wealth, and our analysis shows that even higher-income Black households lag behind their White counterparts in terms of wealth,” she said. “That said, reducing employment discrimination and accessing a better job can help close the gap. We propose reducing employment discrimination by strongly enforcing civil rights protections, helping workers collectively bargain and supporting a job guarantee, which scholars like William Darity, Jr. and Darrick Hamilton have argued will raise Black bargaining power in the labor market.”

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