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Inequality

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Quick Hit
by Ellyn Fortino
3:45pm
Thu Nov 3, 2016

Report: Racial, Class Inequality A 'Dual Penalty' On Black Workers' Wages

Wage growth among African-American workers has taken a double hit since 1979 due to the growing black-white wage gap and overall wage stagnation, according to a new paper from the Economic Policy Institute. 

The left-leaning think tank finds that median hourly wages for black workers "could be 87 percent higher in the absence of racial and class inequality."

Researchers examined the 1979 to 2015 time period, during which "overall median wages did not track productivity growth and racial wage gaps did not close, but instead widened."

"This kept wage growth for black workers much, much lower than it would have been otherwise," the report adds.

PI Original
by Ellyn Fortino
1:20pm
Mon Oct 10, 2016

African Americans Make Less Than Whites At All Education Levels, Report Finds

New research from the Economic Policy Institute shows that African-American workers earn less than their white counterparts regardless of educational attainment. Progress Illinois looks at the report and gets reaction from the Chicago Urban League.

Quick Hit
by Ellyn Fortino
4:16pm
Fri Sep 23, 2016

Report: Income Inequality Is Worse For Black Workers Today Than In 1979

Racial wage gaps are wider today than in 1979 due largely to discrimination and growing income inequality, according to new research from the Economic Policy Institute.

The average wage gap between black and white workers was 18.1 percent in 1979, with the gap widening to 26.7 percent in 2015, the left-leaning think tank reports.

Rutgers University economist William M. Rodgers III co-authored the report with Valerie Wilson, director of EPI's Program on Race, Ethnicity and the Economy.

"We've found that racial wage gaps are growing primarily due to discrimination -- and other unmeasured and unobserved characteristics-- along with rising inequality in general," Rodgers said. 

PI Original
by Ellyn Fortino
1:39pm
Thu Sep 15, 2016

Poverty Declined, Median Household Income Grew In Illinois Last Year

Poverty fell and median household income grew last year in Illinois, according to new figures from the U.S. Census Bureau. While experts were encouraged by the improvement, they cautioned that things are far from rosy in the Prairie State. 

Quick Hit
by Ellyn Fortino
11:10am
Fri Aug 26, 2016

Millennials & Their Children Face Massive Economic Hit If Climate Change Goes Unchecked

Millennials and future generations will face staggering economic losses over their lifetimes due to climate change if current trends continue, according to a new report.

Demos and NextGen Climate sought to quantify the economic costs of climate change on millennials and their children.

Without significant climate change action, a 21-year-old college graduate from the class of 2015 with median earnings could lose more than $126,000 in lifetime income and $187,000 in wealth as a result of environmental problems, the report found. A 21-year-old with median earnings but no college degree stands to lose $100,000 in income and $142,000 in wealth over a lifetime.

For the entire millennial generation, the total loss of lifetime income due to climate change could hit nearly $8.8 trillion, the study showed.

"Climate change may very well be the biggest threat ever faced over the lifetime of a single generation, impacting the incomes, wealth and livelihoods of millions of millennials," NextGen Climate President Tom Steyer said in a statement. "We have a moral responsibility to act so that our children are not crushed by the costs of climate change."

PI Original
by Ellyn Fortino
12:40pm
Fri Aug 12, 2016

Report: LGBT Minorities Face 'Discriminatory Treatment, Abuse' In Criminal Justice System

The nation's "broken" criminal justice system is failing LGBT people of color, according to a recent report. 

Quick Hit
by Ellyn Fortino
1:48pm
Thu Aug 11, 2016

Chicago Urban League Unveils 10-Year Blueprint For Dismantling Structural Racism

The Chicago Urban League released a 10-year blueprint Wednesday to undo structural racism in the city and create more equitable education, employment and economic development systems for African-American residents living in the most disadvantaged communities.

Chicago Urban League officials released the plan as the organization commemorates its 100th anniversary.

"Our vision is that by 2026, residents of every community area in Chicago will have access to the services and supports they need not just to succeed, but to really thrive as members of the greater Chicago community," said Stephanie Schmitz Bechteler, vice president and executive director of the Chicago Urban League's Research and Policy Center.

"The league's 10-year plan is a focused effort that lays out our commitment to making racial equity a reality. When this happens, it sets the stage for a stronger African-American community and that, in turn, makes a stronger Chicago."

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