A booming U.S. stock market doesn’t benefit all racial and ethnic groups equally
Nearly two-thirds of White families (66%) owned stocks directly or indirectly, compared with 39% of Black families and 28% of Hispanic families.
Numbers, Facts and Trends Shaping Your World
Nearly two-thirds of White families (66%) owned stocks directly or indirectly, compared with 39% of Black families and 28% of Hispanic families.
16 states and the territory of American Samoa still observe the second Monday in October as an official public holiday exclusively called Columbus Day.
While women are still underrepresented in top corporate jobs, there has been a small increase in the share of women executives in such positions over the past decade.
Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
Only about 5% of the chief executive officers of 1,500 companies we examined were women. Among the tier of executives just below the CEO in terms of pay and position in the corporate hierarchy, 11.5% were women.
The number of businesses owned by women and minorities has grown considerably in recent years, particularly in certain industries, but based on revenue they remain on average considerably smaller than white- or male-owned firms.
Americans recognize stocks as the feature of the economy that’s recovered the most strongly from the Great Recession. But inflation means the market’s gains aren’t quite as robust as they might first appear.
Despite somewhat better feelings about the economy, Americans’ collective mood is much the same as it was ahead of the last two general elections.
The current economic recovery, which hit the five-year mark this month, has underperformed other recent expansions that have lasted at least as long.
Two-thirds of Americans say the gap between the rich and everyone else has increased, but when asked why they cite dozens of different reasons.
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