Despite major strides — a handful of which were pointed out by President Obama during a Congressional Black Caucus Foundation banquet speech focused on pay equality — Black women remain at the bottom of the wage gap, a new Census Bureau report notes.
While Black women remain the fastest growing group of entrepreneurs in the nation, they have been hit with a 3.6 percent decline in earnings since 2009. That number for White women declined just 0.2 percent in six years, Black Enterprise points out.
Valerie Rawlston Wilson, the director of the Economic Police Institute’s Program on Race, Ethnicity and the Economy, told Black Enterprise that the decline is a “troubling trend.”
“A lot of this has to do with how different workers responded to the recession. While other groups may have stayed out of work after a job loss, African-American women had to maintain stronger attachment to…
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