The Black Women’s Roundtable Report was recently released and their findings are startling, but not surprising. In terms of economics, black women are still lagging behind. As of February, 2015, the nation’s overall jobless rate fell to its lowest point in seven years (5.5%), while women’s unemployment fell to a six-year low (4.9%) and white women’s unemployment hit a seven-year low (4.2%). Completely counter to that trend, Black women’s unemployment actually ticked up, reaching 8.9%.
And of course, when you take a look at the worst states when it comes to wages for black women, they happen to fall in the south, with Mississippi being the all time worst for black women, followed by Louisiana, South Carolina and Alabama. But if you are a black women, and you want a shot at making a better salary, you should hightail it to Maryland, California, New Jersey, or New York.
Black Women Can’t Educate Their Way to Fair Pay:
While it is true that educational advancement provides an important pathway to opportunity in America, it is also critical to understand that wage differentials persist across every level of education. In other words, education is not a conduit to fair pay.
A Black woman high school graduate fails to earn as much as a white male dropout with a 9th grade education or less ($30,450 vs. $32,675).
Black women w i t h Bachelor’s degrees , on average, earn about $10,000 less than White men with an Associate’s degree ($49,882 vs. $59,014). In fact, it would take nearly two Black women college graduates to earn what the average White male college graduate earns by himself ($55,804 vs. $100, 620).
Compared to other women, Black women fall at or near the bottom in earnings across every level of education. Among college degree holders specifically, Black women take home the lowest earnings across the board. Black Women Significantly Overrepresented among the Nation’s Poor.
In spite of consistently leading all women in labor market participation, Black women are among the most likely in America to be poor. In fact, the poverty rate of Black women (25.1%) more than doubles that of White women (10.3%) and Asian women (11.5%), and slightly eclipses that of Latinas (24.8%).
Among single mother households, nearly half of such families headed by Black women are poor (46.7%), just below the proportion attributed to Latina-headed households (48.6%), but significantly more than is the case among single white (33.1%) and Asian mothers (26.3%).
To read the full report, click here.