Black American Poets and Dramatists: Before the Harlem

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In 2010, 45% of African Americans owned their homes, compared to 67% of all Americans. [89] The poverty rate among African Americans has decreased from 26.5% in 1998 to 24.7% in 2004, compared to 12.7% for all Americans. [90] This graph shows the real median US household income by race: 1967 to 2011, in 2011 dollars. [91] African Americans have a combined buying power of over $892 billion currently and likely over $1.1 trillion by 2012. [92] [93] In 2002, African American-owned businesses accounted for 1.2 million of the US's 23 million businesses. [94] As of 2011 [update] African American-owned businesses account for approximately 2 million US businesses. [95] Black-owned businesses experienced the largest growth in number of businesses among minorities from 2002 to 2011. [95] In 2004, African-American men had the third-highest earnings of American minority groups after Asian Americans and non-Hispanic whites. [96] Twenty-five percent of blacks had white-collar occupations (management, professional, and related fields) in 2000, compared with 33.6% of Americans overall. [97] [98] In 2001, over half of African-American households of married couples earned $50,000 or more. [98] Although in the same year African Americans were over-represented among the nation's poor, this was directly related to the disproportionate percentage of African-American families headed by single women; such families are collectively poorer, regardless of ethnicity. [98] In 2006, the median earnings of African-American men was more than black and non-black American women overall, and in all educational levels. [99] [100] [101] [102] [103] At the same time, among American men, income disparities were significant; the median income of African-American men was approximately 76 cents for every dollar of their European American counterparts, although the gap narrowed somewhat with a rise in educational level. [99] [104] Overall, the median earnings of African-American men were 72 cents for every dollar earned of their Asian American counterparts, and $1.17 for every dollar earned by Hispanic men. [99] [102] [105] On the other hand, by 2006, among American women with post-secondary education, African-American women have made significant advances; the median income of African-American women was more than those of their Asian-, European- and Hispanic American counterparts with at least some college education. [100] [101] [106] The US public sector is the single most important source of employment for African Americans. [107] During 2008–2010, 21.2% of all Black workers were public employees, compared with 16.3% of non-Black workers. [107] Both before and after the onset of the Great Recession, African Americans were 30% more likely than other workers to be employed in the public sector. [107] The public sector is also a critical source of decent-paying jobs for Black Americans.

Pages: 160

Publisher: Chelsea House Pub (T) (May 1994)

ISBN: 0791022307

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