WORLD US white-to-Black wealth gap widens: NPR

WORLD

US white-to-Black wealth gap widens: NPR

Xinhua

12:37, June 17, 2022

NEW YORK, June 17 (Xinhua) -- Since 1950, the income gap between white and Black people has not only never narrowed but widened after the 1980s, reported National Public Radio (NPR) on Tuesday.

A marble lion is seen with a face mask in front of the New York Pubulic Library on the Fifth Avenue in New York, the United States, July 8, 2020. (Photo: Xinhua)

Citing a new study, the report said the white-to-Black wealth now stands at an astonishing ratio of 6 to 1.

For every dollar the average white American has, the average Black American has only about 17 cents.

The median is even worse: for every dollar the median white household has, the median Black household has just 10 cents.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue