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Income gap between black and white grows { October 2007 }

Original Source Link: (May no longer be active)
   http://cbs13.com/national/Income.Gap.Black.2.566324.html

http://cbs13.com/national/Income.Gap.Black.2.566324.html

Nov 13, 2007 5:25 am US/Pacific
Income Gap Grows Between Black And White Families

WASHINGTON (AP) ?Decades after the civil rights movement, the income gap between black and white families has grown.

That's according to a new study that tracked the incomes of about 2,300 families for more than 30 years.

It says incomes have increased among both black and white families, mainly because more women are in the work force. But the increase was greater among whites.

The study says one reason for the disparity is that incomes among black men have actually declined in the past three decades, when adjusted for inflation. They were offset only by gains among black women.

Incomes among white men remained relatively stagnant, while those of white women increased more than fivefold.

The study was compiled for the Economic Mobility Project, a collaboration of senior economists and researchers from four Washington think tanks.

(© 2007 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)


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