In the early 2000s, the wage gap between Black and white workers in the U.S. was as large as it had been in 1950.
That is a shocking statistic and a sign of the country’s deep racial inequality. Over the past five years, however, the story has changed somewhat: The wage gap, though still enormous, has shrunk. “It’s a pretty meaningful reversal,” Elise Gould, a senior economist at the Economic Policy Institute, told me. READ MORE