4 ms·
Employment rate, not wealth inequality. And if most white people are employed, then you'd expect that most of the employment gains (i.e. increases in percent wh
by jonnycomputer 6y ago
Employment rate, not wealth inequality. And if most white people are employed, then you'd expect that most of the employment gains (i.e. increases in percent who are employed) would be in groups that were largely unemployed to before.
- joshuanapoli 6y agoThat makes sense; it's just impossible for the unemployment rate to be so low without leveling across groups that had high unemployment.
- WillPostForFood 6y agoYes, and conversely, during recessions, the poor get it worse. If you look at black poverty rates for the last ~60 years, it has declined overall, from ~55% to ~20%. But you can see every recession or economic dip in the graph as a bump in poverty rate.
- thatfrenchguy 6y agoFeels like to me as well that "having a job" and "having a decent life" are highly uncorrelated in the united states these days.