The economic state of Black America: What is and what could be

Dismantling the barriers that have kept Black Americans from fully participating in the US economy could unleash a tremendous wave of growth, dynamism, and productivity. This research identifies critical gaps Black Americans face in their roles as workers, business owners, savers and investors, consumers, and residents served by public programs. Addressing wage gaps alone presents an opportunity to propel two million Black Americans into the middle class for the first time, while transforming— and even extending—the lives of millions more.

McKinsey Institute for Black Economic Mobility and the McKinsey Global Institute

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