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The economic status of Black Americans remains far behind their white counterparts in terms of income, net worth, home ownership, stock ownership, business entrepreneurship and other metrics, according to a newNEW ORLEANS - JUNE 13: Mother Alvera Smith talks on the phone while daughters Aaliyah,Corlia, Kayla, and Kaylen Smith gather in the B.W. Cooper housing project June 13, 2007 in New Orleans, Louisiana. Before Hurricane Katrina, B.W.
The annual median wage of all U.S. workers is about $42,000, 43% of Black workers earn less than $30,000 per year, highlighting how they are overrepresented in low-paying jobs.
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