10-26-2016, 02:13 AM
Not all bad news..
Quote:More than seven years after the recession ended, black workers’ earnings are accelerating sharply. Median usual weekly earnings for full-time black workers rose 9.8% in the third quarter from a year earlier, the fastest rate of growth on records back to 2000, according to data the Labor Department released Thursday. The recent gains mean the increase in earnings for blacks since the recession ended in mid-2009, 15.7%, is now outpacing the gain for whites, 13.3%, and Latinos, 15.5%. But bulk of the improvement for blacks and Latinos has occurred in the past two years.Black Workers See Fastest Wage Growth in More Than 15 Years - Real Time Economics - WSJ