For generations stretching back decades, Black women in this country have bemoaned, warned, teased, and testified about having to “work twice as hard to get half as far” as our counterparts. New economic data is backing up the claims. 

A new report by The Joint Center for Political and Economic Studies, entitled “The Economic State of Black Women in the United States,” has revealed that despite being the largest demographic of women in the workforce and among the most educated, they continue to earn less, generate less wealth, and face greater long-term financial security. 

“Black women have made gains in education and maintain high levels of labor force participation, yet substantial disparities in income, wealth, and retirement security remain,” authors write in the report. “These patterns suggest that progress in human capital and workforce engagement has not translated into equal economic outcomes across racial and gender lines.” MORE