Working-Class Blacks Make Gains While Whites Fall Back

“A big shift is under way in American life: The prospects for working-class and poor white Americans are declining, while they are improving for Black Americans in the same economic tier,” the Wall Street Journal reports.

“That reversal of fortunes was documented in a landmark study published earlier this year by Harvard University researchers. The change in economic mobility the researchers traced—which shrank the amount by which Black Americans’ income lags behind white Americans’ income—occurred between 2005, when many Gen Xers were in their late 20s, and 2019, when many millennials reached the same age.”