The income gap between white and Black young adults was narrower for millenials than for Generation X, according to a new study that also found the chasm between white people born to wealthy and po…
FILE – Activists appeal for a $15 minimum wage near the Capitol in Washington, Feb. 25, 2021. The income gap between white and Black young adults was narrower for millenials than for Generation X, according to a new study that also found the chasm between white people born to wealthy and poor parents widened between the generations.
“Outcomes improve … for children who grow up in communities with increasing parental employment rates, with larger effects for children who move to such communities at younger ages,” said researchers, who used census figures and data from income tax returns to track the changes. There was little change in the class gap between Black Americans born into both low-income and high-income households since they experienced similar improvements in earnings.
“Importantly, social communities are shaped not just by where people live but by race and class within neighborhoods,” the researchers said. “One approach to increasing opportunity is therefore to increase connections between communities.”PHOTOS: Alexander Mountain fire near Loveland
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