Equality of economic opportunity

Timothy Taylor (see here) takes us through a new paper from the Stanford Institute for Economic Policy Research (see here) which examines "equality of opportunity" (see the table below, click to enlarge).

 

Taylor says:

"Here's a table that illustrates some of the movement to greater equality of opportunity in the U.S. economy. White men are no longer 85% and more of the managers, doctors, and lawyers, as they were back in 1960. High skill occupation is defined in the table as "lawyers, doctors, engineers, scientists, architects, mathematicians and executives/managers." The share of white men working in these fields is up by about one-fourth. But the share of white women working in these occupations has more than tripled; of black men, more than quadrupled; of black women, more than octupled."