• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Using Legal Authority Over An Aging Parent

July 11, 2025

Ford Recalls 850,000 Vehicles: What It Means for Your Safety and Your Finances

July 11, 2025

Mark Cuban Says AI Will Mint a Trillionaire. Start Your Climb Here

July 11, 2025
Facebook Twitter Instagram
Trending
  • Using Legal Authority Over An Aging Parent
  • Ford Recalls 850,000 Vehicles: What It Means for Your Safety and Your Finances
  • Mark Cuban Says AI Will Mint a Trillionaire. Start Your Climb Here
  • This Former NFL Player Built a Brand Around Nasal Breathing
  • What My First Failed Startup Taught Me — and How I Finally Got It Right 20 Years Later
  • The Best Domains Are Gone — Here’s How Savvy Founders Still Snag Them
  • Why Your Old Marketing Tactics Are Killing Your Growth in 2025
  • Mortgage rates tick higher for first time in weeks
Friday, July 11
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » The Race Gap In U.S. Employment Is Fading For Workers 65+
Personal Finance

The Race Gap In U.S. Employment Is Fading For Workers 65+

News RoomBy News RoomAugust 6, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

While progress has been made in closing the race gap in employment, there are still areas where disparities persist. One area of interest is the employment of workers aged 65 and over. In the last 10 years, the gap in the Black-white employment-to-population ratio, which measures the share of all employed workers out of the total working-age population, has diminished from 1.3 to 0.8 in this age group.

The Breakdown You Need To Know:

The labor force participation rate for workers aged 65 and over has been steadily increasing over the past decade, according to data from the Bureau of Labor Statistics (BLS). The typical white worker is almost four years older than the typical Black worker, according to the BLS.

CultureBanx reported that while the gap has closed for those 65 and over, the employment divergence between Black and white Americans of other age groups still exists. Employees in the 54-to-64 age group may face both racial and age discrimination. For workers between 25 and 64, the gap continues to narrow, as employment rates of Black Americans have surpassed pre-pandemic levels as of February 2020.

A study by the Center for American Progress found that African Americans continue to experience higher unemployment rates compared to whites in this age group. The research suggests that structural obstacles such as industry composition and discrimination may contribute to these disparities.

Situational Awareness:

While progress has been made in closing the race gap in employment, disparities persist, particularly for older workers. The race gap in employment for workers aged 65 and over continues to be influenced by factors such as industry composition, discrimination, and long-term unemployment. By implementing these strategies, we can work towards a more inclusive and equitable labor market for all workers, regardless of their race or age.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Using Legal Authority Over An Aging Parent

Retirement July 11, 2025

Mortgage rates tick higher for first time in weeks

Mortgage July 10, 2025

Social Security & The Big Beautiful Bill

Retirement July 10, 2025

These 5 ‘Free Trials’ Are Draining Your Bank Without Warning

Savings July 10, 2025

Big Beautiful Bill Estate Planning Ideas

Retirement July 9, 2025

Proposed Law Would Mandate Automatic Enrollment Into Medicare Advantage

Retirement July 8, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Ford Recalls 850,000 Vehicles: What It Means for Your Safety and Your Finances

July 11, 20250 Views

Mark Cuban Says AI Will Mint a Trillionaire. Start Your Climb Here

July 11, 20251 Views

This Former NFL Player Built a Brand Around Nasal Breathing

July 10, 20250 Views

What My First Failed Startup Taught Me — and How I Finally Got It Right 20 Years Later

July 10, 20250 Views
Don't Miss

The Best Domains Are Gone — Here’s How Savvy Founders Still Snag Them

By News RoomJuly 10, 2025

Entrepreneur Getting a premium domain isn’t just a branding decision — it’s a strategic asset.…

Why Your Old Marketing Tactics Are Killing Your Growth in 2025

July 10, 2025

Mortgage rates tick higher for first time in weeks

July 10, 2025

Social Security & The Big Beautiful Bill

July 10, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.