IN THE NEWS: Study Reveals Income Gap Between Black and White Families
The Pew study also found that there is a growing gap between the income levels of Black and White families. The findings include that:
-- Black middle-class families seem to be less successful than White middle-class families at passing on their economic status to their children;
-- Income for Black men has declined over the past 3 decades, when income is adjusted to reflect inflation; and
-- Most Blacks believe race discrimination is pervasive, when applying for a job.
To read the full Associated Press article, click here: http://hosted.ap.org/dynamic/stories/B/BLACK_PROGRESS?SITE=WSAW&SECTION=HOME&TEMPLATE=DEFAULT
Other Source: http://www.usatoday.com/money/2007-11-13-income-gap_N.htm?csp=34
Labels: in the news