Personal finance website WalletHub published the results of an analysis, “State Economies with the Most Racial Equality,” focusing on unemployment rates – 6.2% for blacks compared to 3.2% for whites – and other deviations.
But the analysis also revealed that Washington, DC, is at the bottom of the list (number 51) in most equality categories. The analysis focused on the 50 states and DC
“To determine which states have the most racial equality in terms of employment and wealth, WalletHub compared all 50 states and the District of Columbia on eight key metrics,” the analysis’ press release reads. “Our data compares the difference between white and black Americans in areas such as annual income, unemployment rate and home ownership rate.”
And, ironically, the demographics of the nation’s capital are overwhelmingly black, at 45.39%. And the vast majority of people of all races in DC are Democrats — 91%, according to the New York Times.
Here are the categories where DC came in last:
- Median annual income gap
- Activity rate gap
- Unemployment rate gap
- Homelessness rate gap
DC was number one in just one category: the homeownership gap. North Dakota came last in this category.
In the overall tied rankings, the top ten are Alaska, New Mexico, Arizona, Hawaii, Texas, Washington, Florida, South Dakota, Kentucky and Colorado.
The analysis asked the website’s experts, “Why does the District of Columbia’s economy rank last for racial equality?”
“Reasons why the District of Columbia’s economy ranks last for racial equality include the fact that it has the highest gap between the percentage of white and black business executives in the nation, as well than the highest unemployment rate gap,” WalletHub analyst Jill Gonzalez said. “The District of Columbia also has one of the highest gaps in poverty rates between whites and blacks.”
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