But a recent study has found that the wage gap between Afro-Amercicans and their white ocunterparts has somehow widened.
But he will brush this off as from a 'Leftist' think tank...because Rightist think tanks are always, always right.
Black Americans today earn even less relative to their white counterparts than they did in 1979, according to a new report by the Economic Policy Institute (EPI).
The report, released by the left-leaning thinktank on Tuesday, shows that the gap between wages of both black and white men and black and white women has widened over the last 36 years.
Black men’s average hourly wages went from being 22.2% lower than those of white men in 1979 to being 31.0% lower by 2015. For women, the wage gap went from 6% in 1979 to 19% in 2015.
“The finding that stands out the most, our major result, is that the racial wage gaps were larger in 2015 than they were in 1979. That’s huge because the impression people have, in general, is we know there’s still racism in this country, but we think or at least believe that it’s getting better,” said Valerie Wilson, director of the EPI’s program on race, ethnicity and the economy and one of the report’s authors.
The EPI report comes a week after the US Census Bureau found that in 2015, median income for white Americans went up 4.4% and that of black Americans went up by 4.1%. While everyone’s income went up in 2015, a large racial divide remains. The median household income for white Americans in 2015 was $63,000. That’s 70% more than the median household income of black Americans, which was $36,898.
One of the main reasons that income for black Americans is not increasing at the same rate as that of white Americans is the starting salaries of college graduates within each group. According to the EPI, black male college graduates “started the 1980s with less than 10% disadvantage relative to white male college graduates but by 2014 similarly educated new entrants were at a roughly 18% disadvantage”.
Wage gap between white and black Americans is worse today than in 1979 https://t.co/wZNobmpr5Q— The Guardian (@guardian) 20 September 2016