Economics
Five Charts That Show the Extent of the Black Wealth Gap in U.S.
- Black people hold $6 of assets for every $100 owned by Whites
- White households account for 80.4% of real-estate holdings
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The conclusion is sobering, but not surprising: For Black America, the wealth gap is pervasive.
Even in this era of Black Lives Matter, the coronavirus pandemic is worsening racial economic inequality. Many of the forces that have stunted Black wealth for generations -- among them slavery, segregation and institutionalized discrimination -- have been further exposed by the public-health crisis.