Lockport Union-Sun & Journal Online

Lifestyle

June 2, 2012

Whites earn more than three-fourths of nation's income

STUDY: Minorities starting to catch up.

(Continued)

WASHINGTON —

"This suggests that the income gap is not exploding the way the wealth gap was," said Roderick Harrison, a Howard University sociologist who once headed the Census Bureau's racial statistics branch. "It's in fact declining with population size, though clearly not as rapidly."

For the time being, the country is broadly divided between the relative prosperity enjoyed by many whites and Asians, and the economic difficulties experienced by many blacks and Hispanics.

Whites and Asians have higher education levels and are more likely to be part of households in which two adults hold well-paying jobs. A sizable number hold advanced degrees in science and technical fields that pay high salaries, while blacks and Hispanics tend to get degrees in the social sciences and humanities.

More than half of white and Asian households consist of married couples; in contrast, one in five black households are headed by single parents, and just 28 percent consist of married couples.

With a median age of 42, whites are more likely to be in their peak earning years than Hispanics, whose median age is 27, or blacks, at 31.

And Hispanics in particular are more apt to be recent immigrants, many of whom work at low-paying jobs.

But those factors do not fully explain the stubborn chasm.

"The big factor is historical," said Austin Nichols, an economist with the Urban Institute. "If you amass wealth in one group, it tends to stay there. The Hispanic population has grown tremendously over 30 years, and new arrivals haven't had time to amass that wealth."

The recession underscored the significance of education. College graduates had significantly lower unemployment rates than people with no more than a high school degree.

"Your social class — where you came from, your education, family wealth, who you're married to and what they do for a living — is much more important than race and ethnicity" as a factor in income, said Timothy Smeeding, a University of Wisconsin at Madison professor who heads the Institute for Research on Poverty and who studies income inequality.

"There are differences of race and ethnicity, and those were exacerbated by the recession. But what really determines your income has more to do with your education and how long you've been somewhere."

Text Only
Lifestyle
  • venustransit.jpg As Venus crosses the sun, a rare treat for skywatchers

    Today, Venus will cross the sun for just the sixth time since 1639. It won't do so again until 2117, making this the last transit of Venus for nearly everyone alive today.

    June 5, 2012 1 Photo

  • Newer breast cancer drugs no better than less expensive chemotherapy

    Celgene's Abraxane and Bristol- Myers Squibb's Ixempra breast-cancer drugs worked no better at delaying tumor growth than a less-expensive chemotherapy that's been the backbone of treatment for 20 years.

    June 5, 2012

  • Moving in with your parents? Smart career move

    It's true that many 20-somethings move back to their childhood homes and let their parents subsidize them in ways that would have been unthinkable 50 years ago. But are they really entitled narcissists exploiting their parents' goodwill?

    June 5, 2012

  • check money.jpg Whites earn more than three-fourths of nation's income

    Whites took home a disproportionate share of income through the recession and slow recovery, but minorities are slowly starting to catch up, a new analysis of census data shows.

    June 2, 2012 1 Photo

  • bread-wheat.jpg 7 foods you shouldn't fear

    Are you shying away from bad foods that are actually good for you? With all the hoopla about healthful eating, it's hard to separate fact from fiction. 

    June 2, 2012 1 Photo

  • DVR-TV-Remote.jpg Summer TV: Olympics, reality shows and Canadian cop dramas

    The 2011-12 TV season officially ended last week, leaving the broadcast schedule simultaneously overfamiliar and unrecognizable.

    June 1, 2012 1 Photo

  • 120517travelagencies2jpg.jpg Cutting the travel time

    For the most part, there is a lot of planning that goes into traveling. Some like to handle the details on their own, making arrangements on the phone or using travel websites to book hotels, planes, vehicles and so on.

    But lately, working with a travel agent is becoming more popular.

    May 21, 2012 1 Photo

  • iPhone fitness.jpg March motivation

    Making the commitment to stay fit during these cold Western New York months can sometimes be easier said than done. The resolution to eat healthier, or to ditch the nicotine fades as we settle back into our evermore hectic schedules. But with spring looming just over the horizon, maybe you’re in need of a technologic solution to get back on track, or hopefully take your fitness goals to the next level.

    March 11, 2012 1 Photo

  • bieber.jpg Justin Bieber makes dream come true for child with brain tumor

    In August, Avalanna Routh "married" teen singing sensation Justin Bieber. This week, she finally got to meet her husband.

    February 17, 2012 1 Photo

  • girl-trapped.jpg Viral video: Toddler rescued from inside arcade game

    A 2-year-old girl’s curiosity got her stuck inside an arcade game, where she had to be rescued by firefighters.

    February 17, 2012 1 Photo

Featured Ads
Photos


Twitter Updates
Follow us on twitter
Front page
AP Video
Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence NYPD Chief Calls for 'use of Force' Retraining VA Nominee McDonald Goes Before Congress Bush: Don't Worry, Sugarland Isn't Breaking Up US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Cat Fans Lap Up Feline Film Festival Michigan Plant's Goal: Flower and Die Veteran Creates Job During High Unemployment
Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP Video
Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence NYPD Chief Calls for 'use of Force' Retraining VA Nominee McDonald Goes Before Congress Bush: Don't Worry, Sugarland Isn't Breaking Up US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Cat Fans Lap Up Feline Film Festival Michigan Plant's Goal: Flower and Die Veteran Creates Job During High Unemployment
Seasonal Content
Helium debate
Helium
Section Teases

Seasonal Content
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.