The income gap between less-educated Black and White working-class men is the same now as six decades ago. But high-income Black men with college degrees are swiftly closing the economic divide with their White counterparts, according to a new study reported in the University of Chicago News.
University of Chicago’s Kerwin K. Charles and Patrick Bayer of Duke based their study on federal earnings data from 1940 to 2014.
Mass incarceration rates, the two economists said, have driven down the median income of Black men over the past 50 years. At the same time, the disappearance of manufacturing jobs has lowered the earnings of less-educated men across the board and particularly Black men.
“Now education is more and more a determinant of who’s working and who’s not,” Bayer noted. “The labor market for low-skilled workers has basically collapsed.”
At the highest income levels, African-American men are narrowing the gap with high-income White men through education.
“That black men who are at the top of their group in terms of skills are doing ever better shows that the opening up of colleges and the opening up of occupations to African-Americans had a marvelous effect,” Charles said.
SOURCE: University of Chicago News
Life After Hepatitis C: How Ruby Manuel Broke Free From Lifelong Trauma
Surviving Hepatitis C: Jessica's Story
How To Support A Loved One Who Is Living With Heart Failure
Heart In Your Hands: Important Lifestyle Changes For Heart Failure Recovery
Life In Heart Failure Recovery
Jail Justice: Social Media Memes Mock Derek Chauvin After George Floyd's Murderer Stabbed In Prison
Racist Karen Shouts 'F****** Black People' After Spitting At Pro-Palestine Demonstrators
Viral Video Shows Alabama Cop Tase Handcuffed Black Man Who Was Complying: 'You Want It Again?'