Research into racial disparities and economic mobility has almost suggested the existence of two Americas, according to Opportunity Insights director Raj Chetty. Lower-income children, particularly black men in the fastest-growing US cities, have low upward mobility rates, according to Chetty’s research. The Harvard economics professor also said the problem would become worse during the next decade. A McKinsey report has already said automation would take hundreds of thousands of jobs from African American workers by 2030. “People are going to be left behind,” he said.
Research into racial disparities and economic mobility has almost suggested the existence of two Americas, according to Opportunity Insights director Raj Chetty. Lower-income children, particularly black men in the fastest-growing US cities, have low upward mobility rates, according to Chetty’s research. The Harvard economics professor also said the problem would become worse during the next decade. A McKinsey report has already said automation would take hundreds of thousands of jobs from African American workers by 2030. The research, said Chetty, showed childhood environments are better indicators of social mobility than college or the environments of young adulthood.