For all working-age black women 18 to 64, the financial picture is bleak. Their median household wealth is only $100. Hispanic women in that age group have a median wealth of $120.
“That means half of [black women] have a net worth of more than $100 and half have a net worth of less than $100,” Ms. Lui said. “So that gives you an idea of how far in debt some women of color are.”
This is an American study, but nonetheless highlights systemic failures in education, financial regulation, employment equity, and a host of other factors that contribute to perpetuating disparity. The US provides a valuable case study for Canadian lawmakers as to how history and policy shape long-term outcomes. Are there lessons to be learned here, for instance, that could be applied to First Nations policy making?
{ 0 comments… add one now }