African Americans are the only racial group in U.S. still making less than they did in 2000

Jimi Swagger

I say whatever I think should be said
Supporter
Joined
Jan 25, 2015
Messages
4,365
Reputation
-1,340
Daps
6,058
Reppin
Turtle Island to DXB
imrs.php


African Americans were worse off financially in 2016 than they were in 2000.

The median income for an African American household was $39,490 last year, according to U.S. Census Bureau data released this week. It was $41,363 in 2000. (Both figures are in 2016 dollars, so they have been adjusted for inflation).

African Americans are the only racial group the Census Bureau identifies that has been left behind. White, Asian and Hispanic households have all seen at least modest income gains since 2000.

The uptick in incomes for so many Americans helped lift the overall median U.S. household income to $59,039 last year, the highest level ever recorded by the Census Bureau. That figure surpassed the previous record set in 1999, during the last period of strong economic growth. Median household income means half of U.S. households earn more and half earn less. It's an important indicator of the health of the middle class.

But the overall trend masks the fact that African Americans, as a group, have not recovered.

imrs.php

Black Americans have struggled for years to move up the economic ladder. They have a harder time finding jobs. Merely having an “African American sounding name” makes an employer less likely to hire someone, a National Bureau of Economic Research study found.

2300-censusincome0912-1-800x632.jpg



The black unemployment rate is nearly double the white unemployment rate. It's been that way since the Labor Department began keeping track of unemployment by race in the early 1970s. Black Americans also receive substantially lower wages than whites and Asians.

“Character, talent and insight are evident in individuals from all income classes. But not all individuals get an equal chance to prove their mettle,” said Mary Coleman, senior vice president of Economic Mobility Pathways, a Boston-based nonprofit group.

The Census data also showed that almost 1 in 4 black households lives in poverty. The poverty rate among African Americans (22 percent) is more than double the poverty rate among whites (9 percent).
imrs.php


African Americans have the lowest earnings of any racial group by far. While median household income for African Americans was just over $39,000 last year, it was over $47,000 for Hispanics, over $65,000 for whites and over $81,000 for Asian American households.

Lower incomes make it harder to get by, let alone get ahead. African Americans are much less likely than whites to own homes or invest in the stock market, in part because low wages leave them with limited extra income to save up for a down payment.

African Americans also are more likely to lack health insurance. The Census released data this week showing that the uninsured rate for the nation overall was 8.8 percent, an all-time low. But it was 10.5 percent for African Americans.

Full article here. This is disheartening. Quit lying on instagram :ufdup:: Analysis | African Americans are the only racial group in U.S. still making less than they did in 2000
 

ChatGPT-4

Superstar
Joined
May 17, 2013
Messages
17,023
Reputation
2,776
Daps
54,478
I could have sworn I've seen various other charts that state otherwise. :dahell:
 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
50,713
Reputation
4,365
Daps
88,640
Reppin
Fresno, CA.
“Character, talent and insight are evident in individuals from all income classes. But not all individuals get an equal chance to prove their mettle,”
HL told me reducing the number of jobs available and adding more workers with lighter complexions to the work force will help blacks.:francis:

In fact, the wage gap has expanded the most between college educated blacks and whites.
HL told me education is the key... and if we make college free, blacks will close the gap:francis:

“Wage gaps are growing primarily because of discrimination,”
HL told me we just need skills :francis:


:mjlol:
:troll:

 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
50,713
Reputation
4,365
Daps
88,640
Reppin
Fresno, CA.
Medium income looks eerily close to working min wage jobs.

:jbhmm:

Maybe that number will go up if more blacks work <10 HR jobs. :troll:
:krs:You're right! Lets raise the min wage to $15 reducing the number of jobs(that actually higher blacks) and see how market racism works out for us.
 

Pressure

#PanthersPosse
Supporter
Joined
Nov 19, 2016
Messages
42,872
Reputation
6,667
Daps
137,280
Reppin
CookoutGang
What's the wage gap between college educated blacks and no college blacks? High school drop out?


If discrimination is the cause and according to you you cannot legislate out discrimination then are you saying that we should just shrug our shoulders fight for jobs at the bottom and be content doing so?
 

Pressure

#PanthersPosse
Supporter
Joined
Nov 19, 2016
Messages
42,872
Reputation
6,667
Daps
137,280
Reppin
CookoutGang
:krs:You're right! Lets raise the min wage to $15 reducing the number of jobs(that actually higher blacks) and see how market racism works out for us.
:coffee: Social welfare programs.

Get some usable skills that will allow you to work above the the lowest common denominator jobs.

Being an adult making 725/hr isn't a life worth fighting for. :no:
 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
50,713
Reputation
4,365
Daps
88,640
Reppin
Fresno, CA.
What's the wage gap between college educated blacks and no college blacks? High school drop out?


If discrimination is the cause and according to you you cannot legislate out discrimination then are you saying that we should just shrug our shoulders fight for jobs at the bottom and be content doing so?
No we need pro black legislation(redress) that makes discrimination as irrelevant as possible... cause it isn't going anywhere...
 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
50,713
Reputation
4,365
Daps
88,640
Reppin
Fresno, CA.
:coffee: Social welfare programs.

Get some usable skills that will allow you to work above the the lowest common denominator jobs.

Being an adult making 725/hr isn't a life worth fighting for. :no:
Completely ignore discrimination and the fact that many blacks don't get an "even chance to prove their mettle" once they have these skills brehs







We aren't uplifted by wage increases... and many of the places where wage shave been increased blacks can't afford to live and have been almost completely displaced. Its almost like some sort of plan :mjpls:

It does help our oppressors... I mean everyone else :sas1: or as HL likes to say 'the economy as a whole':sas2:


 

Jimi Swagger

I say whatever I think should be said
Supporter
Joined
Jan 25, 2015
Messages
4,365
Reputation
-1,340
Daps
6,058
Reppin
Turtle Island to DXB
Maybe the Asians and Latinos will be kind enough to let us clean their homes and nanny their children. At this point it's clear that the dominant group wants us exterminated as we have been rendered obsolete.
No we need pro black legislation(redress) that makes discrimination as irrelevant as possible... cause it isn't going anywhere...
 
Top