Tag Archives: wealth gap

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Racial Wealth Gap Has Tripled Since Reagan

The wealth gap between whites and blacks has gotten bigger, not smaller

New Brandeis study says wealth gap between blacks and whites has tripled since Reagan

By Makkada B. Selah

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Wealth Gap Between Young and Old Americans Is Widest Ever

A recent Pew Research Center report explores the wealth gap

A new analysis of census data by the Pew Research Center is showing that the…

By BlackEnterprise.com

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David Banner’s 4 Money Management Lessons for Black America

The rapper/actor shares his perspective on the Black community's misuse of its spending power

Inspired by the Pew Research Center’s minority wealth gap report, rapper/producer/actor David Banner shares his…

By David Banner

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How To Close The Wealth Gap: Step 1

It may take generations to do it. But it starts with making better decisions with the money we have.

The Black wealth gap must be closed. Here’s how we begin to make steps towards…

By Alfred Edmond, Jr.

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In the News: Census Data Shows Wealth Gap Widens Between Whites and Minorities; Obama Losing Support and More

Headlines around the web

See what’s going on in the world with today’s compilation of news around the web

By Janel Martinez

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How the Racial Wealth Gap Hurts Children of Color

The Root columnist explores solutions to a growing problem

The Root columnist explores solutions to a growing problem

By BlackEnterprise.com

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Middle-class African Americans are more likely than whites to have cut back on saving and investing in order to make it through the recession, according to the 2010 Ariel Black Investor Survey. The data is not unexpected since the unemployment rate for African Americans (15.4%) continues to track higher than the overall jobless rate for all Americans (9.5%). “In times of economic hardship, people have to make difficult decisions,” said Mellody Hobson, Ariel president and columnist for Black Enterprise magazine. “Unfortunately, the resulting trade-offs mean many in our community are slipping even further behind.”

African American Investors are Down, but Not Out

Cutting back on saving and spending, helps blacks make it through recession

Middle-class African Americans are more likely than whites to have cut back on saving and…

By Deborah Creighton Skinner

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African American Wealth Gap Quadruples

High-income blacks have less wealth than middle-class whites

The wealth gap between white and African-American families has increased more than four times between…

By Deborah Creighton Skinner

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First there were the Greatest and Silent generations. Then came baby boomers and Generation X. Now we have Millennials, or people born after 1980. They are more ethnically and racially diverse than older generations, less religious, and may be on track to become the most educated generation in U.S. history. That thirst for education is evident with data showing college enrollment of 18- to 24-year-olds is at an all-time high, according to the Pew Research Center."

Talking Points

Based on 2007 data, the most recent available, single black women have just a fraction…

By Deborah Creighton Skinner

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Are Black Folks ‘Scrubs?’

Although we've made great progress, we're still "sitting on the passenger side" of American wealth

I’m talking about the scrub described in TLC’s lyrics: “Sitting on the passenger side of…

By Eric D. Grant

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