Despite the upward change in the economy and improvement in job growth from 2013 to 2014, Black women continually struggle financially, according to the US Census Bureau. Unfortunately, with the struggle of Black women comes the affects that it has on Black children.
For Black children, the poverty rate has increased about 3.4 percent in recent years, which is three times that of White children and the opposite of what is happening to most other groups of children, where the poverty rate has dropped.
The struggle to be financially able also brings up the ongoing issues of African-Americans in the workforce as a whole. “Black households have just 59 cents for every dollar of White median household income, says economist, Valerie Wilson of the Economy Policy Institute (EPI) and the Director on the Program on Race, Ethnicity, and Economy.
Wilson, who spent time analyzing the 2014 full-time, full-year earnings to the 2009 earnings numbers, found that although Black men’s earnings have slightly increased, they are still 70 cents on the dollar compared to White men.
African Americans have the highest poverty rate at 26.2% whereas Whites have the lowest at around 10%.
Click here to read the full Electronic Urban Report article.