Racial and Gender Inequalities Expand During the Pandemic

The video discusses the growing wealth gap between Black and white families in the US, highlighting the impact of redlining on homeownership. It also examines the gender pay gap, particularly during the COVID-19 pandemic, and its effects on women in the workforce. The economic consequences of these disparities are significant, with potential gains from gender parity and losses from the racial wealth gap being substantial.

What was the wealth gap between Black families and the average family in the US by 2019?

How has homeownership contributed to the wealth gap for Black Americans?

What impact did the COVID-19 pandemic have on women in the workforce?

According to Bank of America, how much could global GDP increase by achieving gender parity by 2025?

What is the estimated cost of the racial wealth gap to the US economy over two decades?