Women and black college graduates are paid less right out of the gate

Certain college graduates from the Class of 2018 will start out their careers behind some of their friends, due to circumstances beyond their control.

May’s jobs report showed the country’s nine-year economic expansion appears to still have plenty of steam. But not everyone will see the full benefits of that. On average, black college graduates between the ages of 21 and 24 earn $3.34 less per hour than their white counterparts, a difference of about $7,000 per year, according to an analysis published last month by the Economic Policy Institute, a left-leaning think tank. And though not quite as steep, the gulf between the wages of female and male young college graduates stands at a still large $3.15 per hour, the EPI found.

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