Friday, May 08, 2009

Footnote to the preceding

Something that I'd think deserves rather more attention than deducting the sales tax on your new Bimmer:
Blacks and Hispanics lag behind whites for higher-paying jobs at the largest rates in about a decade as employment opportunities dwindled during the nation's economic woes and housing slump. ...

Blacks who had a four-year bachelor's degree earned $46,502, or about 78 percent of the salary for comparably educated whites.

It was the biggest disparity between professional blacks and whites since the 77 percent rate in 2001....

Hispanics saw similar trends. ...

Hispanics with bachelor's degrees had an average salary of $44,696, amounting to roughly 75 cents for every dollar made by whites with bachelor's degrees - the lowest ratio in more than a decade....
Another reason to note the article is that it contains a strong contender for the biggest "Duh!" moment of the year:
"It's clear education alone is not the full reason for the pay gaps," said Sarah Crissey, a housing and economic statistician for the Census Bureau.
Gee, ya think?

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