Racial wage gaps in US caused by ‘harder-to-measure’ factors
Lack of opportunity plays bigger role than education and profession in racial inequality, paper finds
Discrimination and a lack of career opportunities appear to play a growing influence in racial wage inequalities in the US, a paper published by the Federal Reserve Bank of San Francisco finds.
Disappointing Facts about the Black-White Wage Gap, written by Mary Daly, Bart Hobijn and Joseph Pedtke, analyses unemployment and hourly earnings by race and gender from 1979 to 2016.
The unemployment rate among white women and men in 2016 was below 5%, while for black women and men it was around 7.5%
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