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Bloomberg: Racial Disparity Crisis

Bloomberg, June 8, 2022, Racial Disparity Crisis

More than half a century after the US Civil Rights Act barred racial discrimination in the job market, new analysis shows that wealth disparities between Blacks and Whites has been getting worse, not better.

On the eve of the pandemic, Black Americans had one-sixth the wealth of White ones on a per-capita basis, a panel of economists wrote in a paper circulated by the National Bureau of Economic Research.

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