benefited from the advances made during the civil rights era. The racial disparity in poverty rates has narrowed. In the first quarter of 2021, 45.1% of African Americans owned their homes, compared to 65.3% of all Americans. The poverty rate among African Americans has decreased from 24.7% in 2004 to 18.8% in 2020, compared to 10.5% for all Americans. African Americans have a combined buying power of over $892 billion currently and likely over $1.1 trillion by 2012. In 2002, African American-owned businesses accounted for 1.2 million of the US's 23 million businesses. African American-owned businesses account for approximately 2 million US businesses. Black-owned businesses experienced the largest growth in number of businesses among minorities from 2002 to 2011. Twenty-five percent of Blacks had white-collar occupations (management, professional, and related fields) in 2000, compared with 33.6% of Americans overall. In 2001, over half of African American households of married couples earned $50,000 or more. Although in the same year African Americans were over-represented among the nation's poor, this was directly related to the disproportionate percentage of African American families headed by single women; such families are collectively poorer, regardless of ethnicity. In 2006, the median earnings of African American men was more than Black and non-Black American women overall, and in all educational levels. At the same time, among American men, income disparities were significant; the median income of African American men was approximately 76 cents for every dollar of their European American counterparts, although the gap narrowed somewhat with a rise in educational level. Overall, the median earnings of African American men were 72 cents for every dollar earned of their Asian American counterparts, and $1.17 for every dollar earned by Hispanic men. On the other hand, by 2006, among American women with post-secondary education, African American women have made significant advances; the median income of African American women was more than those of their Asian-, European- and Hispanic American counterparts with at least some college education. The U.S. public sector is the single most important source of employment for African Americans. During 2008–2010, 21.2% of all Black workers were public employees, compared with 16.3% of non-Black workers. Both before and after the onset of the Great Recession, African Americans were 30% more likely than other workers to be employed in the public sector. The public sector is also a critical source of decent-paying jobs for Black Americans. For