White men still make more money


buckwheat

Well-Known Member
Friday, Mar 21, 2003, 11:03 am EST

White men still make more money
Associated Press

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WASHINGTON (AP) - Educational gaps between men and women and whites and blacks have narrowed in recent years, but this much has not changed: A highly educated white man still makes much more money than anyone else.

On average, a white man with a college diploma earned about $65,000 in 2001. Similarly educated white women made about 40 percent less, while black and Hispanic men earned 30 percent less, according to Census Bureau estimates being released Friday.

Almost half of Asian residents 25 and older have graduated from college, nearly twice the rate of whites. Still, Asians earned about 8 percent less than whites.

"There`s a wedge between minority education gains and the payoff, and that`s discrimination and the kinds of job opportunities available," said Jared Bernstein, an economist with the Economic Policy Institute, a labor-supported think tank.

There were similar disparities between white men and women on other educational levels. Income gaps have narrowed slightly since 1991 at the high school level and grown a bit at the college level.

Differences in income were slightly lower on other educational levels between white men and minorities. For instance, black men who are high school graduates earned about 25 percent less than comparably educated whites, and black men who held master`s degrees earned 20 percent less than their white counterparts.

Looking back a decade, income gaps have edged up between whites and minorities. Historical data was not available for Asians.

"It doesn`t do as much for closing gaps as it does to improving the floors that people are moving from," said demographer Roderick Harrison of the Joint Center for Political and Economic Studies, which studies issues of importance to minorities. "It`s like catching up with a speeding train."

The figures come from the Census Bureau`s annual look at educational achievement in America, culled from a survey in March 2002. The bureau recorded record high educational levels for nearly every group and the nation overall.

Nationally, 84 percent of U.S. residents 25 and older are high school graduates, the Census Bureau found. By gender, it was 83.8 percent for men and 84.4 percent for women.

Nearly 27 percent are college graduates - almost 29 percent of men and 25 percent of women.

The gap between men and women has been narrowing since the 1970s, largely due to younger, more educated women steadily replacing older, less-educated women in the work force, Census Bureau analyst Jennifer Day said.

For example, among 25- to 29-year-olds, nearly 32 percent of women have college diplomas, compared with 27 percent of men.

Whites, regardless of gender, remain more likely to be better educated than blacks and Hispanics. More than 29 percent of whites are college graduates, compared with 17 percent of blacks and about 11 percent of Hispanics, all record highs.

For blacks, disparities in high school graduation have narrowed dramatically with whites over the past 30 years. The college education gap has narrowed slightly between 1997 and 2002, but generally has increased since the 1970s.

Experts say that because whites typically make more money, that usually leads to more access to college.

Among Hispanics, the high school education gap with whites has remained level since 1970. Despite the record high, the college education gap between whites and Hispanics has grown during the 1990s in large part because of an increase in the number of less-educated Hispanic immigrants, Bernstein said.

Income disparities across educational levels were far lower among white women and other minorities. In fact, Asian women with bachelor`s and master`s degrees earned more money than similarly educated white women.

The federal government considers "Hispanic" to be an ethnicity instead of a race and people who are Hispanic can be of any race.

The most thorough historical data available in the report was for whites and blacks, regardless of Hispanic origin.
 

No they don't.

Have they included black male drug dealers and adjusted for earning power during the short time that they are alive? :confused:
 
Re: No they don't.

Originally posted by Bartram
Have they included black male drug dealers and adjusted for earning power during the short time that they are alive? :confused:

:confused:

Is this question supposed to be a joke?
 
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