fbpx

Black Workers See Smaller Pay Increases Than Other Racial Groups Despite Record Low Unemployment

Black Workers See Smaller Pay Increases Than Other Racial Groups Despite Record Low Unemployment

Black workers
Courtesy of Nappy

A recent analysis of labor data released Tuesday reveals despite record unemployment, Blacks are getting smaller pay increases than other racial groups, according to by the Wall Street Journal (WSJ). In what is being touted as a booming economy, Black workers are still the least of these.

Though unemployment is at a historic low for Blacks, the 6.7 percent rate is still almost twice as high as that of whites, which sits at 3.4 percent, according to a report by Daily Kos.

The report showed for all workers in the U.S., the median weekly pay rose 5.3 percent. For Hispanics, adjusted earnings rose 11.8 percent, but for Blacks, earnings only rose 1.6 percent.

Listen to GHOGH with Jamarlin Martin | Episode 05: Angela Benton

Angela Benton talks about starting NewMe Accelerator, whose black and brown founders have raised $42 million in venture capital. Super-early to Black tech media with BlackWeb 2.0, she discusses building her personal brand while being a single mother, battling cancer, and whether or not most of the “diversity” gains in Silicon Valley will go to privileged white women.

Systemic issues like racism, proximity of jobs, and the reluctance of employers to hire people with criminal backgrounds (despite many Blacks being victims of an unjust justice system) all lend to Blacks continuing to be at the bottom of the wage and wealth totem pole, the Daily Kos said.

The fact that women still earn less than men could also be contributing to the economic lag Blacks are experiencing. More Black women are employed than Black men, the WSJ report said. Many Black women are also the leaders of their households and the primary income earner.

Though Blacks are securing more jobs, they also happen to be lower paying jobs than their counterparts from other races.

Margaret Simms, a nonresident fellow at the Urban Institute told WSJ, “As the economy has gotten somewhat better, more Black workers are securing lower-wage jobs … And that’s causing the averages to come down.”