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.
Renters headed 36% of U.S. households in 2019. Young people, racial and ethnic minorities, and those with lower incomes are more likely to rent.
Higher education long has been seen as one of the best ways out of poverty, but connecting low-income students — even the high-achieving ones who presumably are best prepared for college-level work — with colleges and universities remains a challenge. On Thursday, President Obama is expected to meet with more than 100 college presidents at […]
The War on Poverty was arguably the most ambitious domestic policy initiative since the Great Depression. But the overall effectiveness of the War on Poverty remains hotly debated.
Although household-income growth for African-Americans has outpaced that of whites since the 1960s, those gains haven’t led to any narrowing of the wealth gap between the races.
Martin Luther King Jr.’s speech 50 years ago today on Washington D.C.’s National Mall and Memorial Parks has become one of the most famous, and quoted, pieces of oratory in U.S. history (though that wasn’t apparent to everyone at the time). But how well have the aspirations King so memorably expressed been realized? We ran […]
Much has changed for African-Americans since the 1963 March on Washington (which, recall, was a march for “Jobs and Freedom”), but one thing hasn’t: The unemployment rate among blacks is still about double that among whites, as it has been for most of the past six decades.
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