Failure to Launch: Black Millennials Lag in Achieving Financial Freedom

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  • Greatest Decline in Employment
  • Unemployment Rate Twice as High as Whites
  • Longest Delay in Reaching Median Career Wage
  • Wage Gap Has Widened More
  • Future of Work

Wage Gap Has Widened More

Young African-Americans saw significant economic progress in the 1990s, but the wage gap between whites and Blacks has widened significantly since 2000. In 2012, the African-American/white wage gap was 35 percent for adults 26 to 30, up from 23 percent in 2000. (Photo: Hero Images/ Getty Images)

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