The Paradox of Progress for Black Americans

by UB Center for Urban Studies · 09/09/2024

As the country moves rapidly toward the 2024 elections, Black Americans are experiencing the best economic conditions they’ve had in generations. Record low unemployment rates, record low poverty rates, and record high levels of income and wealth paint a picture of Black prosperity.

Yet African Americans remain mired in great economic insecurity, reflected in their low opinion of the economy, widespread asset poverty, and ongoing economic inequality between Black and white households.

The best Black economy in generations, in short, isn’t enough. To overcome centuries of inequality, we’ll need dedicated public policy.

Dedrick Asante-Muhammad and Algernon Austin September 9, 2024

Read the full article here Inequality.org