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


US white-to-Black wealth gap widens: NPR


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.

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