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.
While Black-owned businesses have grown significantly in the U.S. in recent years, they still make up a small share of overall firms and revenue.
Among the roughly 6 million small business firms with employees, 49% have just one to four workers.
The median wealth of immigrant households increased by 42% from December 2019 to December 2021.
16 states and the territory of American Samoa still observe the second Monday in October as an official public holiday exclusively called Columbus Day.
A majority of U.S. households have some level of investment in the stock market, mostly in the form of retirement accounts such as 401(k)s.
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.
Generation Xers were hit particularly hard in the recession. Yet Gen Xers are the only generation of households to recover the wealth they lost in the downturn.
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.
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