The Racial Wage Gap Is Shrinking

Black men chalk up gains at last

For several decades, black males were the odd men out in U.S. labor markets--losing ground to their white peers. But not anymore, report Kenneth A. Couch of the University of Connecticut and Mary Daly of the Federal Reserve Bank of San Francisco. In a new study, they find that the weekly pay of black male full-time workers rose enough in the 1990s to cut the black-white earnings gap to its lowest level in history.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.