Economic prospects brighten for children of low-income Black Americans, study finds
“Economic prospects have improved in recent years for Black Americans born poor, according to new research from Opportunity Insights. At the same time, earnings have fallen for white Americans from low-income families. The analysis, drawn from 40 years of tax and Census records, finds a dramatic narrowing of the economic divide between the poorest Black and white Americans. But it also reveals a widening gap between low- and high-income white people, driven by shifts in the geography of employment.”