The wage gap between white and black men is growing wider

• Many assume that the earnings gap then stayed constant, but it has in fact widened.
  
  • Today the difference is as large as it was in the 1950s.
    
• a staggering number of prime-age black men are not working—35% compared in 2014 with 17% of whites
  
  • Nearly 8% of prime-age black men did not work because they were institutionalised, compared with 1.5% of whites
    

Nine Charts about Wealth Inequality in America (Updated)

5 facts about blacks in the U.S.

• A growing share of blacks are completing high school and college
  
  • In 2017, 87% of blacks ages 25 and older had a high school diploma or equivalent
    
  • The share of blacks ages 25 and older who have completed four years of college or more has also roughly doubled during that span, from 12% in 1993 to 24% in 2017
    
• The black immigrant population has increased fivefold since 1980
  
  • There were 4.2 million black immigrants living in the U.S. in 2016
    
  • Africans made up 39% of the overall black immigrant population in 2016
    
  • Still, about half of all foreign-born blacks (49%) living in the U.S. in 2016 were from the Caribbean
    
• Black households have only 10 cents in wealth for every dollar held by white households
  
  • In 2016, the median wealth of non-Hispanic white households ($171,000)\ was 10 times the wealth of black households ($17,100)
    
  • The wealth gap increased between middle-income black and white families, but shrank between lower-income black and white families from 2007 to 2016
    
• There has been a steady increase in the share of Americans who view racism as a big problem in the U.S. – especially among African Americans
  
  • In 2017, about eight-in-ten blacks (81%) said racism is a big problem in society today, up from 44% eight years prior
    
• An overwhelming majority of blacks (92%) say whites benefit at least a fair amount from advantages that blacks do not have
  
  • This includes nearly seven-in-ten blacks (68%) who say whites benefit a great deal
    

Survey: Most Americans wouldn’t cover a $1K emergency with savings

• Only 40 percent of Americans would pay an unexpected $1,000 expense, such as a car repair or emergency room visit, from savings.
• According to the Bankrate survey, 15 percent of people said they would turn to a credit card if they faced an unexpected expense.

Millions of Americans keep the same dirty secret from their partner

• One in five people in a live-in relationship admit to “financial infidelity” — keeping a private bank account or credit card without telling a partner
• 40% of Americans saying they wouldn’t date someone who had a bad credit score
• Women were nearly three times as likely to consider credit score a major influence on a potential partner compared to men (20% versus 7%)
• More than half of Americans would not marry someone with significant debt.

Opinion: Why people who earn a lot of money still can’t pay the bills

• According to a Nielsen study, 25% of families making $150,000 a year or more are living paycheck-to-paycheck.
  
• One in three earning between $50,000 and $100,000 need their next paycheck to survive
  
• For those earning less than $50,000, that percentage increases to half.
  
• “When I started out with a net worth of negative $208,000 at the end of training,” a doctor who blogs at The Physician Philosopher told me
  

8 Simple Ways You Can Become Financially Literate On Your Own

• “Only 28% of Americans are considered “financially healthy,” according to a CFSI survey of more than 5,000 Americans.
  

US Census Black Economics Facts