Black Women's 'Double Gap' in Wages

Michelle Holder discusses the 'double gap' faced by African-American women in the U.S. labor market, where they experience wage penalties due to both gender and race. She critiques neoclassical economic theory for failing to explain these disparities and highlights the loyalty and work ethic of Black women. Holder quantifies the financial loss to the Black community at $50 billion annually and explores who might benefit from these wage gaps, focusing on the private sector.

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