Ongoing Prevalence of Racial Inequality in Homeownership

African Americans Better Off in Many Ways but Still Disadvantaged in Homeownership and Employment

A new report finds that since 1968, there has been no progress in how African Americans fare in comparison to their white counterparts when it comes to homeownership, unemployment and incarceration.

The report by the Economic Policy Institute (EPI) found the ongoing prevalence of racial inequality.

“It’s clear that structural racism that is the root cause of this economic inequality,” said Janelle Jones, EPI economic analyst. “Solutions must be bold and to scale, which means we need structural change that eliminates the barriers that have stymied economic progress for generations of African American workers

  • The report shows the homeownership rate for African American households remains just over 40 percent, 30 points below the rate for white households.
  • It also notes that 7.5 percent of African Americans were unemployed in 2017, compared with 6.7 percent in 1968 – leaving unemployment rates for African Americans at roughly twice the level for whites.
  • The report looks at other racial gaps, finding that African Americans make only 82.5 cents of every dollar earned by the typical white worker, and African Americans are 2.5 times more likely to live in poverty than whites are.

The study was published in connection with the 50th anniversary of the Kerner Commission report, which identified factors contributing to pervasive discrimination.

An upcoming Public Policy Form at Seton Hall University Law School will provide the opportunity to join the conversation about housing segregation.

On Wednesday, May 16, 2018, Monarch Housing Associates in partnership with the Seton Hall Law School, the Anti-Poverty Network of NJ, and NJ Institute for Social Justice will host a Public Policy Forum on The Color of Law.

  • Please save the date for this important event and opportunity to delve deeper into the issue of segregation.
  • The Forum will include the opportunity to discuss how we can all work to further advance fair housing in New Jersey.
  • Registration for the May 16 event to be held at the Seton Hall Law School campus in Newark will begin in early April.

Keynote speaker and The Color of Law author Richard Rothstein will present the national research in his book about how the U.S. government segregated America and take questions from the audience. Rothstein is a research associate of the Economic Policy Institute and a Fellow at the Thurgood Marshall Institute of the NAACP Legal Defense Fund. Additional presenters, a panel discussion and Q & A fill follow Rothesteins’ presentation.

Follow the event on Twitter.

The Color of Law: A Forgotten History of How Our Government Segregated America

May 16th Save the Date

Economic Policy Institute

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