Moving toward parity in wages could mean an additional $6.3 billion in additional, taxable income each year for non-white workers in Northeast Ohio.
Closing the wage gap between Black and white workers
Eliminating racial disparities would go a long way in alleviating poverty. For instance, closing the wage gap between Black and white workers would put $24,000 additional in the hands of Black residents every year, adding up to $6.3 billion in additional annual income for workers in Northeast Ohio.
Fund for Our Economic Future, The Two Tomorrows, 2018