Thursday, February 18, 2016

[NJFAC] Black middle class is struggling - income is a big factor

The black middle class is decidedly losing ground
The top fifth of black households in 2014 earned on average what their white counterparts earned in 1979. And if the racial disparities in income are large, the disparities in wealth are massive.

See for an extensive analysis and graphs illustrating several components of the problem.

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