Wealth gap between black and white households unchanged since 1968

An analysis from The Washington Post shows that the economic gap between black and white households is as wide as it was in 1968. They consider median black household wealth as a percentage of median white household wealth and compare this proportion in 1968—at 9.4 percent—to 8.7 percent in 2016. Stratifying by education level, authors also found that median black household wealth lags behind median white household wealth at every education level, although disparities are more pronounced for the higher education levels. Lower median wealth means black households have less cushion to soften the blow of economic challenges and job losses in the current recession. #covid-19 #racialequity

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