Although African American workers are significantly better educated than they were three decades ago, they're actually less likely to be in good jobs, according to a new report from the Center for Economic and Policy Research (CEPR).
"Has Education Paid Off for Black Workers?" finds that in 1979 just one in 10 African American workers had a bachelor's degree or more—but by 2011, one in four black workers had a college degree. During the same period, the share of black workers who had good jobs fell from 20.8% to 19.6%. The study defines "good jobs" as those paying at least $19 an hour (the inflation-adjusted median wage for male workers in 1979) and includes employer-provided health insurance and some type of employer-sponsored retirement plan.
The reason? The report blames "discrimination against black workers and an economy-wide decline in the bargaining power of workers. These broader factors include an erosion of the value of the minimum wage and a decline in unionization rates in the private sector."
Read the full report here.