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Friday, August 30, 2013

Fascinating article about the continued wage gap not only between men and women, but more so by race and ethnicity!


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In Reality, Middle-Class Blacks And Middle-Class Whites Have Vastly Different Fortunes by


"With the passing of the 50th anniversary of the March on Washington, commentators have been assessing the status of blacks in society. Matt Yglesias has a post about the black-white income gap, and how it has not budged in 40 years. Brad Plumer has a post at Wonkblog that features a list of 10 charts showing the persistence of the black-white economic gap, including rates of unemployment, poverty, and so on.

The statistics provided in these posts—and indeed most statistics provided on this question—compare all blacks against all whites. This kind of comparison is worth making for certain purposes, but it also has its limitations. By itself, such group-level comparisons lend themselves to the hasty conclusion that the difference between the economic situations of blacks and whites is mainly that blacks are more concentrated on the low end of the economic ladder." Article -- http://bit.ly/16WqPrX

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