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Friday, April 06, 2018

Report: No progress for African Americans on homeownership, unemployment and incarceration in 50 years - The Washington Post





"Fifty years after the historic Kerner Commission identified “white racism” as the key cause of “pervasive discrimination in employment, education and housing,” there has been no progress in how African Americans fare in comparison to whites when it comes to homeownership, unemployment and incarceration, according to a report released Monday by the Economic Policy Institute.



In some cases, African Americans are worse off today than they were before the civil rights movement culminated in laws barring housing and voter discrimination, as well as racial segregation.



7.5 percent of African Americans were unemployed in 2017, compared with 6.7 percent in 1968 — still roughly twice the white unemployment rate.

The rate of homeownership, one of the most important ways for working- and middle-class families to build wealth, has remained virtually unchanged for African Americans in the past 50 years. Black homeownership remains just over 40 percent, trailing 30 points behind the rate for whites, who have seen modest gains during that time.

The share of incarcerated African Americans has nearly tripled between 1968 and 2016 — one of the largest and most depressing developments in the past 50 years, especially for black men, researchers said. African Americans are 6.4 times as likely than whites to be jailed or imprisoned, compared with 5.4 times as likely in 1968.

“We have not seen progress because we still have not addressed the issue of racial inequality in this country,” said John Schmitt, an economist and vice president of the Economic Policy Institute, citing the racial wealth gap and continuing racial discrimination in the labor and housing markets. “One of the key issues is the disadvantages so many African Americans face, right from the very beginning as children.”



Report: No progress for African Americans on homeownership, unemployment and incarceration in 50 years - The Washington Post

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