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Black And White Poverty: 1963 Vs. Today

Rob Wile   

Black And White Poverty: 1963 Vs. Today
Stock Market1 min read

Today is the 50th anniversary of the March on Washington. We've made a lot of gains in improving racial equality since then.

But a chart from Pew shows that they only goes so far. It shows poverty rates by race since 1963.

After four decades of gains for Blacks, we are now moving backwards (that is, upwards).

Today, 28% of African-Americans are below the poverty line, compared with just 10% for whites.

Check it out:

For added measure, here are a few unemployment charts showing the economic gap between blacks and whites remains large:

Black unemployment has always been significantly above white unemployment.

black versus white march on washington economic opportunity unemploymentue

FRED

Unemployment among men:

black versus white march on washington economic opportunity unemploymentue 20

FRED

Unemployment among women:

black versus white march on washington economic opportunity unemploymentue 20 women

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