Fascinating Data on Earnings by Race (maybe)
Michelle Malkin pointed out this AP story:
Census Bureau findings show black and Asian women with bachelor's
degrees earn slightly more than similarly educated white women, and
white men with four-year degrees make more than anyone else.According to the data, a white woman with a bachelor's degree typically
earned nearly $38,000 in 2003, compared with nearly $44,000 for a
college-educated Asian woman and $41,000 for a college-educated black
woman.
If true, this is really good news. Unfortunately, as I have said in the past, if journalists had been any good at math and science in school, they probably wouldn't have been journalism majors. Never, ever trust stats at first blush in the newspaper. My guess is that the pool of people in these stats is "all women" as opposed to "women currently in the workforce". This would mean that stay-at-home moms would average in as "0", distorting any conclusions one might draw about actual salaries since the prevalence of stay at home moms may vary from race to race. However, this is still good news, especially given the increase in black women going to college.
