Akee Connects Employment Experiences by Race to Wealth Inequality

Randall Akee, associate professor of public policy, authored an article posted on RealClearMarkets about research linking higher levels of psychological stress suffered by blacks — compared to whites — related to short-term unemployment. Citing his own research, Akee suggests that differences in wealth by race might account for differences in unemployment experiences. “There are significant costs to wealth inequality. We have known for some time that it serves as an obstacle to important investment decisions in education and entrepreneurship. Now, we’re finding evidence that it may have adverse effects on individual well-being and mental health in the face of short-term unemployment,” Akee wrote.


 

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