New Report Shows Increased Earnings Gap Between Black and White Men
A new report by the National Bureau of Economic Research entitled 'Divergent
Paths: Structural Change, Economic Rank, and the Evolution of Black-White Earnings Differences, 1940-2014' shows that while the racial gap between the highest earners has narrowed over the past 75 years, it has barely changed for low- and middle-earners.
Researchers Patrick Beyer and Kerwin Kofi Charles conclude: "While the entire economy has experienced a marked increase in earnings inequality, this increase has been even more dramatic for black men, with those at the top continuing to make clear gains within the earnings distribution, and those at the bottom being especially harmed by the era of mass incarceration and the failing job market for men with low skills."
Read this report in its entirety at the NBER site here.