“In June, David Leonhardt in the New York Times noted that “the black-white wage gap is roughly as large today as it was in 1950.” One driver of this is that a huge number—a third of Black men ages 25-54—remain outside the formal labor force. But, bottom line, in 1950, the average working-age Black man earned 51 cents on the dollar to what a white male worker earned. In 2014, the ratio was exactly the same.”
August 12, 2020 I NPQ I by Steve Dubb
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