Wages Rebound, but Not for Black Workers, According to Ludwig Institute Analysis
Black-White wage gap grows to highest level since the pandemic began
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WASHINGTON, April 28, 2021 /PRNewswire/ -- While wages for many Americans have rebounded to pre-pandemic levels, earnings for Black workers declined in the first quarter of 2021, with the wage gap between Black and White workers growing to its highest level since before the pandemic, according to an analysis of earnings data by the Ludwig Institute for Shared Economic Prosperity (LISEP).
In its quarterly True Weekly Earnings (TWE) report, LISEP's analysis shows that overall, real median earnings have increased by 1.0% for the first quarter of 2021, driven in large part by a 1.6% increase in real earnings by Hispanic workers, while real earnings for White workers remained virtually unchanged. Wages for white earners have fully recovered to pre-pandemic levels and are currently 0.3% higher in real terms than in December 2019.