Race and Class: The Wealth Gap
Against The Current vol. 88
Miah, Malik
http://www.solidarity-us.org//node/1581
Date Written: 2000-09-01
Publisher: Against The Current
Year Published: 2000
Resource Type: Article
Cx Number: CX12827
Politicians and government officials point to the historic low unemployment level in the Black community as signs of a strong economy and a future where whites and African Americans will finally have an opportunity for an equal share of the American dream. While it is true that long-term unemployment for the African-American population is in the single digits for the first time, the wealth gap between white and Black families continues to widen. According to government statistics Black households' wealth average one-twelfth that of white households.
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