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OneTen data sheet

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Data on Black wealth and education gaps

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OneTen data sheet

  1. Black individuals face an economic gap & systemic barriers Family net wealth is significantly lower Higher rate of unemployment Today’s jobs are credentials-focused for family-sustaining jobs White families Black families $4K $147K Fewer have college degrees today Notes: *Jobs that are both attractive and attainable, requiring <5 years of experience, with low risk of automation in the next 5 years and with upward mobility Source: NYTimes, The Education Trust; Bureau of Labor Statistics; Census Bureau, Institute for Policy Studies; Brookings Institute; Burning Glass, Labor Insights
  2. Many ‘middle-skilled’ jobs are over-credentialed Difficult to earn family sustaining wages 56% 4-year degree required 23% Middle skill 21% “Soft bachelor’s” Jobs that require 4- year degree today that don’t really need it when looking at underlying skills High school / GED Associate / some college Healthcare IT Transportation Business Mgmt & Ops Maintenance & Installation Construction Other 63% 61% Healthcare IT Transportation Business Mgmt & Ops Of “good” jobs are currently over credentialed with “soft bachelor’s” Occupation Education All US job postings

Data on Black wealth and education gaps

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