IN THE NEWS: Study Reveals Income Gap Between Black and White Families
According to a Pew Research Center study many Black people are more pessimistic about racial progress than they’ve been in the past 20 years. In fact, many Blacks say they are worse off now than they were just 5 short years ago.
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
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
posted by S. Mary Wills at 11:50 AM
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