coronavirus racial gaps

US racial gap

The Economic Costs Of US Racial Inequality

The coronavirus pandemic and the deaths of several black people while in police custody have laid bare the US longstanding problem of discrimination against minority groups, especially against Black people, and how inequality has produced real economic costs and social losses. The gaps are wider now than in the 1950’s and 1960’s. Citi’s Global economists Dana M Peterson and Catherine L. Mann identifiy in the following report the underlying causes of this racial and economic gaps.