White internet earnings
- Racial, gender wage gaps persist in U.S. despite some progress | Pew Research Center
- Demographic trends and economic well-being | Pew Research Center
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- Examining the Black-white wealth gap
- On Views of Race and Inequality, Blacks and Whites Are Worlds Apart
- Examining the Black-white wealth gap
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- Black Workers Still Earn Less than Their White Counterparts
Racial, gender wage gaps persist in U.S. despite some progress | Pew Research Center
Demographic trends and economic well-being In many ways, America remains two societies — one black and one white — as measured by key demographic indicators of social and economic well-being. Analyses of federal government data by the Pew Research Center find that blacks on average are at least twice as likely as whites to be poor or to be unemployed.
Households headed by a black person earn on average little more than half of what the average white households earns. And in terms of their median net worth, white households are about 13 times as wealthy as black households — a gap that has grown wider since the Great Recession.
Racial differences in family structure have persisted as well. While marriage rates are falling among all racial groups, the decline has been most dramatic among blacks.
Non-marital births are more than twice as common among black mothers as white mothers, and black children are almost three times as likely as white children to be living with a single parent. To be sure, some economic and educational differences between blacks and whites have narrowed over time.
While blacks are more than twice as likely as whites to be living in poverty, this actually reflects a marked improvement since the mids when blacks binary options btcon almost four times as likely as whites to be white internet earnings.
And the white-black gap in high school completion rates has almost disappeared since the s, though blacks are still significantly less likely than whites to graduate from college. While education is widely viewed as the key to upward mobility for all races, the Pew Research Center analysis finds that the benefits of schooling often flow in unequal measure to blacks relative to whites.
In fact, the income of blacks at all levels of educational attainment lags behind that of their white counterparts. Similar racial disparities across educational levels occur across measures of social well-being and family structure.
Demographic trends and economic well-being | Pew Research Center
Taken together, these findings suggest that educational differences alone cannot fully explain the black-white gaps in economic outcomes or family structure. The remainder of this chapter explores major differences in social and economic well-being across racial and ethnic groups, with particular focus on the persistence in the disparities between blacks and whites in recent decades.
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- By Eileen Patten Large racial and gender wage gaps in the U.
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The first section examines in greater depth racial differences in educational attainment. Later sections explore various economic outcomes, including measures of family income, wealth and homeownership, poverty and unemployment.
The chapter concludes with sections on racial differences in family structure, including non-marital birth rates, child living arrangements and marriage rates. Blacks still trail whites in college completion Increasingly, a college degree is the key to financial well-being, while the value of a high school diploma has diminished markedly over time.
Since the s, rates of college graduation have increased significantly for all major racial and ethnic groups, though large gaps persist.
Comcast reports strong internet customer growth, 10 million sign-ups for Peacock
Whites are also slightly more likely than blacks to have completed high school. However, the black-white gap in high school completion has narrowed substantially over the past half century, driven in part by dramatic increases in high school completion for blacks. Even so, the Hispanic-white gap in college completion has persisted; whites today are more than twice as likely as Hispanics to have a college degree, as was the case in the early s.
Hispanic high school completion rates have roughly doubled since the early s, yet a white-Hispanic gap persists in this measure, too. The story is very different for Asians in the U.
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And when it comes to high school completion, Asian rates have more or less been on par with whites sincewhen data on Asians first became available. Black-white income gap remains large The income of households headed by blacks has persistently lagged behind that of white households since the U. Census Bureau began collecting these data in the late s.
Examining the Black-white wealth gap
However, the black-white gap in income occurs across all educational levels. Conversely, the gap between Hispanics and blacks has narrowed. Asian income has been on a par with or has exceeded white income since when comparable data for Asians became available. Blacks more than twice as likely as whites to be poor Blacks are more than twice as likely as whites to live in poverty.
This marks a narrowing of the white-Asian gap, driven primarily by the white internet earnings share of Asians who are poor. A growing wealth gap between blacks and whites Households headed by whites have considerably higher median net worth — a measure of the value of what a household owns minus what it owes — than those headed by blacks.
The gap narrowed in the s and early s but increased in the years following the Great Recession. While median net worth tends to increase as levels of educational attainment rise, the white-black gap in wealth persists even controlling for educational differences.
On Views of Race and Inequality, Blacks and Whites Are Worlds Apart
The wealth gap between white and Hispanic households has been consistently large. Blacks significantly less likely than whites to be homeowners The racial and ethnic differences in median net worth are driven in part by differences in homeownership.
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White householders have consistently higher rates of homeownership than racial and ethnic minorities. White internet earnings rates generally rise for blacks and whites who have higher incomes and more education, but the differences between black and white households persist. While Asians still trail whites in terms of homeownership, that gap has been narrowing.
Examining the Black-white wealth gap
Blacks twice as likely as whites to be unemployed The unemployment rate has steadily fallen for all major racial and ethnic groups sincebut black unemployment has been at least twice as high as white unemployment in 47 of the past 54 years for which data are available, according to Current Population Survey data. As unemployment rose in the early s due to an economic downturnthe jobless rate for all blacks rose to Black men have particularly high unemployment rates.
Some By comparison, the rate among white men stands at 5. And 9. Among Hispanics, unemployment stands at 7. Then, 8.
Inunemployment for Hispanics was 1. Just 3.
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Asian unemployment has mostly been on par with whites since when comparable data for Asians was first available. Today Asians are slightly less likely than whites to be unemployed. Non-marital births more than twice as common among blacks as whites Non-marital births are far more common among blacks than whites. This gap in non-marital childbearing is a longstanding one.
Comcast earnings beat analyst estimates on the top and bottom lines. The company had its best quarterly customer results in its history for broadband in the quarter, though theme parks suffered more during pandemic-related closures and restrictions. Comcast also reported better-than-expected net customer additions for high-speed internet service and further growth to its new streaming service, Peacock.
Educational differences explain some — but not all — of the racial and ethnic differences in non-marital births; even within educational categories, the racial differences in non-marital births persist. Non-marital births have been on the rise for decades in the U. Just over half of black children live with a single parent Black children are more than twice as likely as white children to be living with just one parent.
Throughout the decades, Hispanic children have been more likely than whites, but less likely than blacks, to be living with a single parent. While the likelihood of living with a single parent has increased markedly since for whites, blacks and Hispanics, that is not the case for Asian children.
Marriage rate decline particularly steep among blacks The marriage rate has declined across racial and ethnic groups, but the drop has been particularly dramatic among blacks. Across all groups, the declines in marriage have been driven largely by increasing white internet earnings of people who have never married.
Black Workers Still Earn Less than Their White Counterparts
Divorce, too, contributes to racial and ethnic differences in the likelihood of being married. Marriages involving black women tend to be white internet earnings stable than those of whites, Hispanics or Asians. Typically more education is linked to higher marriage rates, and the relatively low educational attainment of blacks is one factor underlying the low prevalence of marriage in this group. However, even controlling for education, racial differences persist.
Inthe marriage rates of these groups were similar to that of whites — about three-fourths were married.
Women from both of these groups experience first marriages that are more likely to endure than those of white women. Given the high incarceration rate of blacks, it may be the case that if the entire population was included, the high school completion gap would be wider.
For more on this, see Heckman, James J. See Methodology for more details. Since income and poverty measures are based upon the year prior to survey, they are first available for Hispanics in and Asians in Census Bureau. In white internet earnings analysis, upper-income households are defined as white internet earnings with an income that is more than double the overall median household income, after incomes have been adjusted for household size.
Some researchers argue that due to the high incarceration rate of blacks, black unemployment rates would be significantly higher if the prison population was included in labor force estimates. For more information, see Western, Bruce, and Katherine Beckett. Labor Market?