The racial wealth gap expressed in a simple ratio: 224-to-1 – Marketplace

A median single white man underneath 35 is 224 instances as rich as the common single Black girl the identical age, in response to a brand new report. The report additionally discovered Black households held 4% of family wealth going into the pandemic, although they account for somewhat over 13% of the U.S. inhabitants. On at the moment’s present: That racial wealth hole goes to make pandemic restoration for Black Individuals even more durable. Plus, the case for extending unemployment advantages, and the way one cheesemonger is making an attempt to remain afloat throughout COVID-19.

Your help makes our reporting doable — turn out to be a Market Investor at the moment to maintain us going robust.


SIN/id #racial #wealth #hole #expressed #easy #ratio #224to1 #Market

You Might Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *