Saturday, January 7, 2017

Wealth Gap Among Asian Americans

A recent report from Center for American Progress (CAP) highlights the economic disparities among groups of Asian Americans. 

When looking at the average for the entire group, it may appear at first glance that this group is indeed the Model Minority. However, this continues to be a myth that is perpetuated if only reviewing aggregated data. While some Asian American groups are catching up to wealth levels of their white counterparts, other groups are struggling with poverty or near-poverty. This points to the continued argument of why disaggregated data offers a more accurate depiction of various Asian American groups.

Please thank our friends at the Huffington Post for their recent article that explores this wealth gap in relation to the recession, home ownership and retirement savings. http://www.huffingtonpost.com/entry/cap-asian-americans-wealth-gap_us_586bd460e4b0d9a5945c91a7? 

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