Wednesday 27 December 2017

Income inequality by race in NC stark and staggering

And it creates a formula of generational poverty that's almost impossible to reverse:

Disparities in outcomes did not come out of thin air; they arise from systems and policies, past and present, that create barriers to economic opportunity for people of color. For example, inequity in pay, rooted both in occupational segregation and in people of color being paid less for doing the same work as their white colleagues, is a major reason that communities of color struggle with higher levels of poverty.

African American workers in North Carolina were paid roughly $3.25 per hour less on average than their white colleagues in 2016, a gap that compounds rapidly over time into a monthly pay disparity of almost $600 and a deficit of more than $6,700 annually. The gap is even larger for Hispanic workers in North Carolina, who are paid $5.34 less than whites on average, which compounds into a pay gap of over $11,000 annually.

These numbers sound more like something that would have been compiled back in the 1950's than just last year. And while many folks I know prefer to write stuff like this off as merely one more example that Capitalism is inherently corrupted and needs to be replaced, in many ways, that's just a cop-out. It gives you an excuse to not even try and fix the wage disparity problem, and I have a big problem with that. Here's more:


http://ift.tt/2pHW1OU

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