AP Article
Email This Article To A Friend

New Report Details Inequality For Black Americans

By ERIN TEXEIRA
AP National Writer

NEW YORK (AP) _ Though income and education gaps between black and white Americans have narrowed significantly, black households still have barely one-tenth the net worth of white households, according to a new National Urban League report.

Middle class blacks' tenuous hold on prosperity reflects racial discrimination in housing and other wealth-building arenas _ both historically and now _ and suggests that today's U.S. civil rights battles are largely economic, said Marc H. Morial, Urban League president.

``Since the 1960s, one of the success stories is the growth of the African-American middle class _ those who are college-educated, participating throughout the American economy and growing in stature and influence,'' Morial said. ``But what we face is that these successes of 40 years are being eroded. The danger is the great backslide that can occur.''

``The State of Black America 2005,'' scheduled to be released Wednesday at a Washington news conference, comes as the Urban League also calls on Congress to assemble a bipartisan commission on economic equality and advancement.

Analyzing a broad range of government statistics, the report compares life quality for blacks and whites in dozens of categories related to economics, health, education, civic participation and social justice. Taking the whole picture into account, the report produced a measure of blacks overall well-being, which it described as barely three-fourths that of whites _ a ratio that was unchanged from last year to this year.

``Last year, I said I looked forward to seeing these numbers improve. Our update, however, does not represent an improvement,'' said James Diffley of Global Insight, the Philadelphia-based economic research firm that compiled the data. ``There is a gap between black America and white America.''

Among the report's findings:

_Blacks have more than double the unemployment rate of whites.

_Less than half of blacks own homes compared to more than three-fourths of whites.

_Black youth are more likely to have poorly trained teachers, live in poverty and not have health insurance than whites.

Still, the report also makes clear that black America has made significant gains in some areas.

Since 1960, when black men earned only 50 cents for every dollar earned by white men, income gaps have narrowed as the black middle class has grown and become more educated. In 2000, black men earned 64 cents on the dollar, according to Thomas M. Shapiro, a professor of law and social policy at Brandeis University who wrote an essay, ``The Racial Wealth Gap,'' in the Urban League's report.

But Shapiro said that net worth shows how families accumulate gains over generations.

``Wealth really rounds the picture out and gives us a deeper perspective,'' said Shapiro, whose essay is based on his book, ``The Hidden Cost of Being African American,'' published last year.

The median net worth of black versus white households has remained virtually unchanged for more than a decade: In 2000, black households on average were worth $6,166 compared to $67,000 for whites, census data show. The ratio was virtually identical in the early 1990s.

Since most Americans build wealth through home ownership, inequities in the housing market explain much of the gap, Shapiro said.

Today, studies show, among blacks and whites with comparable credit histories, blacks are 60 percent more likely to be denied home loans as whites, he said.

This wealth gap, Shapiro writes, ``is reversing gains earned in schools and on jobs and making inequality worse.''

___

On the Net:

http://www.nul.org

 



Features
+ Home Page
+ Archives
+ Weekly Comic
+ Get Free News In Your Email
+ Press Release
Distribution

+ Jobs/Internships

+ Book Club
+ Meet Black Singles
+ Meet HBCU
Students/Alumni





Advertise | Submit A Press Release
Make Us Your Home | RSS Feeds
Our Partners | Link To Us | Privacy Policy

Diversity City Media
750-Q Cross Pointe Road
Columbus, OH 43230
(614) 245-0525
support@blacknews.com