Racial Income Gap
In the United States, despite the efforts of equality proponents, income inequality in the United States, income inequality persists among races and ethnicities. Asian Americans have the highest median income, followed by White Americans, Hispanic Americans, African Americans, and Native Americans in the United States, Native Americans. A variety of explanations for these differences have been proposed—such as differing access to education, two parent home family structure (70% of African American children are born to parents who are not legally married), high school dropout rates and experience of discrimination and deep-seated and systemic anti-Black racism—and the topic is highly controversial. When the Civil Rights Act of 1964 was passed, it became illegal for employers to Discrimination in the United States, discriminate based on race; however, income disparities have not flattened out. After the passage of the act, the wage gap for minority groups narrowed, both in abso ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Income Inequality In The United States
Income inequality in the United States is the extent to which income is distributed in differing amounts among the American population. It has fluctuated considerably since measurements began around 1915, moving in an arc between peaks in the 1920s and 2000s, with a 30-year period of relatively lower inequality between 1950 and 1980. The U.S. has the highest level of income inequality among its (post-)industrialized peers.United Press International (UPI), June 22, 2018"U.N. Report: With 40M in Poverty, U.S. Most Unequal Developed Nation"/ref> When measured for all households, U.S. income inequality is comparable to other developed countries before taxes and transfers, but is among the highest after taxes and transfers, meaning the U.S. shifts relatively less income from higher income households to lower income households. In 2016, average market income was $15,600 for the lowest quintile and $280,300 for the highest quintile. The degree of inequality accelerated within the t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Human Capital
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital, for example, through education and training, enabling improved levels of quality and production. As a result of his conceptualization and modeling work using Human Capital as a key factor, the 2018 Nobel Prize for Economics was jointly awarded to Paul Romer, who founded the modern innovation-driven approach to understanding economic growth. In the recent literature, the new concept of task-specific human capital was coined in 2004 by Robert Gibbons, an economist at MIT, and Michael Waldman, an economist at Cornell University. The concept emphasizes ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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George Borjas
George Jesus Borjas ( born Jorge Jesús Borjas, October 15, 1950) is a Cuban-American economist and the Robert W. Scrivner Professor of Economics and Social Policy at the Harvard Kennedy School. He has been described as "America’s leading immigration economist"Noah SmithImmigrants Don't Steal From Americans' Paychecks bloomberg.com, June 16, 2017. and "the leading sceptic of immigration among economists". Borjas has published a number of studies that conclude that low-skilled immigration adversely affects low-skilled natives (while positively affecting medium and high skilled natives), a proposition that is debated among economists. Personal life and education Borjas was born in Havana, Cuba, on October 15, 1950. He immigrated to the United States in October 1962 with his mother. He graduated with a B.S. in economics and mathematics from St. Peter's College in 1971. He then completed his M.A. in economics from Columbia University in 1974. He completed his M.Phil and Ph.D. in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cuban American
Cuban Americans ( es, cubanoestadounidenses or ''cubanoamericanos'') are Americans who trace their cultural heritage to Cuba regardless of phenotype or ethnic origin. The word may refer to someone born in the United States of Cuban descent or to someone who has emigrated to the United States from Cuba. Cuban Americans are the third largest Hispanic American group in the United States. Many communities throughout the United States have significant Cuban American populations.Cuban Ancestry Maps , epodunk.com, accessed March 31, 2011. (1.53 million in 2017) has the highest concentration of Cuban Americans in the United States, standing out in part because of its proximity to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Puerto Ricans In The United States
Stateside Puerto Ricans ( es, link=no, Puertorriqueños de Estados Unidos), also ambiguously known as Puerto Rican Americans ( es, link=no, puertorriqueño-americanos,), or Puerto Ricans in the United States, are Puerto Ricans who are in the United States proper of the 50 states and the District of Columbia who were born in or trace any family ancestry to the unincorporated US territory of Puerto Rico. As Puerto Rico is a U.S. territory, all Puerto Ricans living on both the island and stateside have US citizenship. At 9.6% of the Hispanic population in the United States, Puerto Ricans are the second-largest Hispanic group nationwide, after Mexican Americans and are 1.78% of the entire population of the United States. Stateside Puerto Ricans are also the largest Caribbean-origin group in the country, representing over one-third of people with origins in the geographic Caribbean region. While the 2010 Census counted the number of Puerto Ricans living in the States at 4.6  ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mexican American
Mexican Americans ( es, mexicano-estadounidenses, , or ) are Americans of full or partial Mexican heritage. In 2019, Mexican Americans comprised 11.3% of the US population and 61.5% of all Hispanic and Latino Americans. In 2019, 71% of Mexican Americans were born in the United States, though they make up 53% of the total population of foreign-born Latino Americans and 25% of the total foreign-born population. The United States is home to the second-largest Mexican community in the world (24% of the entire Mexican-origin population of the world), behind only Mexico. Most Mexican Americans reside in the Southwest (over 60% in the states of California and Texas). Many Mexican Americans living in the United States have assimilated into American culture which has made some become less connected with their culture of birth (or of their parents/ grandparents) and sometimes creates an identity crisis. Most Mexican Americans have varying degrees of Indigenous and European ancestry, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Racial Segregation In The United States
In the United States, racial segregation is the systematic separation of facilities and services such as Housing in the United States, housing, Healthcare in the United States, healthcare, Education in the United States, education, Employment in the United States, employment, and transportation in the United States, transportation on Race in the United States, racial grounds. The term is mainly used in reference to the legally or socially enforced separation of African Americans from White people, whites, but it is also used in reference to the separation of other ethnic minorities from majority and mainstream communities. While mainly referring to the physical separation and provision of separate facilities, it can also refer to other manifestations such as prohibitions against interracial marriage (enforced with anti-miscegenation laws), and the separation of roles within an institution. Notably, in the Military of the United States, United States Armed Forces up until Executive ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Post–World War II Economic Expansion
The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism, was a broad period of worldwide economic expansion beginning after World War II and ending with the 1973–1975 recession. The United States, the Soviet Union and Western European and East Asian countries in particular experienced unusually high and sustained growth, together with full employment. Contrary to early predictions, this high growth also included many countries that had been devastated by the war, such as Japan (Japanese economic miracle), West Germany and Austria (Wirtschaftswunder), South Korea (Miracle on the Han River), Belgium ( Belgian economic miracle), France (Trente Glorieuses), Italy (Italian economic miracle) and Greece (Greek economic miracle). Even countries that were relatively unaffected by the war such as Sweden (Record years) experienced considerable economic growth. The boom established the conditions for a larger series of global ch ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Weekly Earnings
Weekly, The Weekly, or variations, may refer to: News media * ''Weekly'' (news magazine), an English-language national news magazine published in Mauritius *Weekly newspaper, any newspaper published on a weekly schedule *Alternative newspaper, also known as ''alternative weekly'', a newspaper with magazine-style feature stories *''The Weekly with Charlie Pickering'', an Australian satirical news program *''The Weekly with Wendy Mesley'', a Canadian Sunday morning news talk show *''The Weekly'', the original name of the television documentary series ''The New York Times Presents'' Other *Weekley, a village in Northamptonshire, UK *Weeekly, a South Korean girl-group See also * *Weekly News (other) ''Weekly News'' is generally a title given to a newspaper that is published on a weekly basis. Some examples of newspapers with Weekly News in their title include: Turks and Caicos Islands *''Turks and Caicos Weekly News'' United Kingdom *''The W ... * Weekley (surname) {{ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Racial Earnings Comparison
A race is a categorization of humans based on shared physical or social qualities into groups generally viewed as distinct within a given society. The term came into common usage during the 1500s, when it was used to refer to groups of various kinds, including those characterized by close kinship relations. By the 17th century, the term began to refer to physical (phenotypical) traits, and then later to national affiliations. Modern science regards race as a social construct, an identity which is assigned based on rules made by society. While partly based on physical similarities within groups, race does not have an inherent physical or biological meaning. The concept of race is foundational to racism, the belief that humans can be divided based on the superiority of one race over another. Social conceptions and groupings of races have varied over time, often involving folk taxonomies that define essential types of individuals based on perceived traits. Today, scientists con ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Racial Inequality In The United States
Racial inequality in the United States identifies the social inequality and advantages and disparities that affect different races within the United States. These can also be seen as a result of historic oppression, inequality of inheritance, or racism and prejudice, especially against minority groups. There are vast differences in wealth across racial groups in the United States. The wealth gap between Caucasian and African-American families nearly tripled from $85,000 in 1984 to $236,500 in 2009. There are many causes, including years of home ownership, household income, unemployment, education, and inheritance. Under slavery in the United States, African Americans were treated as property. After the American Civil War, Black sharecroppers became trapped in debt. African Americans were rarely able to homestead. The Freedman's Bank failed, losing many Black assets. Exclusions from Social Security disproportionately affected African Americans. Savings were spent for retirement ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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White Hispanic And Latino Americans
In the United States, a white Hispanic or Latino is an individual who is of full or partial Hispanic or Latino descent, the largest group being white Mexican Americans. Although not differentiated in the U.S. Census definition, White Latino Americans may also be defined to include only those who identify as white and either originate from or have descent from countries in Latin America that speak Romance languages such as Brazil, Haiti, and French Guiana. Based on the definitions created by the Office of Management and Budget and the US Census Bureau, the concepts of race and ethnicity are mutually independent. For the Census Bureau, ''ethnicity'' distinguishes between those who report ancestral origins in Spain or Latin America (Hispanic and Latino Americans), and those who do not (non-Hispanic Americans). From 1850 to 1920, Mexicans in the United States were generally classified as white by the U.S. Census. In 1930, "Mexican" was officially added as a racial category on the Un ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |