Posts Tagged ‘Economic inequality’
Biden Administration To Announce Steps Targeted To Close Gender and Racial Pay Gaps
In honor of Equal Pay Day, the Biden Administration announced plans to further close the racial and gender gap for Black Americans. Today women working full-time are paid eighty three cents on the dollar compared to men. Black women made sixty four cents on the dollar compared to White men, while Latina and Native American women made just fifty seven cents.
Read MoreWells Fargo Approved Less Than Half of Mortgage Refinancing Applications from Black Homeowners
A new study reveals how mortgage refinancing is yet another obstacle in the fight against economic injustice for Black Americans.
Read MoreBlack Workers Stopped Making Progress on Pay. Is It Racism?
African-American Employment in the United States has remained stagnant compared to their White counterparts. Economists determine why.
Read More‘Raise my taxes – now!’: the millionaires who want to give it all away
Abigail Disney has parted with $72m – and thinks the rich need to pay far more. As COVID widens the inequality gap an international league of the super-rich are urging governments to take their money as increased taxes.
Read MoreFaces of Power: 80% Are White, Even as U.S. Becomes More Diverse
The most powerful people in the United States pass our laws, run Hollywood’s studios and head the most prestigious universities. They own pro sports teams and determine who goes to jail and who goes to war. A review by The New York Times of more than 900 officials and executives in prominent positions found that only about 20 percent identify as Black, Hispanic, Asian, Native American, multiracial or otherwise a person of color.
Read MoreSpecial News Series: Rising Up For Justice! – US economist proposes $12 trillion in slavery reparations
Professor Darity and Ms. Mullen outline that to eliminate the existing Black-White wealth gap an allocation of between $10 trillion and $12 trillion, or about $800,000 per black household, should be paid.
Read MoreHow For-Profit Colleges Have Targeted and Taken Advantage of Black Students
Predatory lending by for-profit-colleges target black students resulting in 78% of students with educational loan debts.
Read MoreBlack Federal Employees Disproportionately Affected as Government Shutdown Ties for Longest Ever
By Anne Branigin, The Root The partial government shutdown over Donald Trump’s border wall has now tied for the longest ever, with substantial portions of the federal government nonoperational for the third straight week. And with the stalemate between Trump, Republicans and the Democratically controlled House of Representatives holding strong, that record will likely be…
Read MoreMore police, criminalization and gang suppression will not end homelessness in San Francisco
This article is written about homelessness and wealth inequality in San Francisco and the way homelessness has been criminalized and is being policed.
Read MoreMy Friend Married the Maintenance Man
It’s a fact that African-American women far outnumber their male counterparts in higher education. D.S. Coleman, a writer for The Root, discusses the dilemma of dating for black women and the impact of the dynamics of their relationships. She presents some statistics that provide context to why this makes dating a complex world to navigate for African-American women.
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