Racial Equity by the Numbers

At the end of this decade, more than half of the children in the United States are expected to be children of color.

By 2030 this younger, more diverse generation will make up the majority of the nation’s future workforce and be primary drivers of economic growth. Attaining greater racial equity is no longer just a matter of social justice, but critical for our nation’s economic security.

The Economic Impact of Racism

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Areas of Opportunity

Financial Security = Future Investments Tomorrow

A financially secure family has assets to invest in the future, like college tuition or opening a small business. But financial stability is hard to attain for many Americans of color.

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Healthy Children Today = Productive Workers Tomorrow

Putting children on a healthy path means a future workforce that’s more industrious, requiring less sick time and lowering health care costs. But many children of color face disparities in health.

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Successful Schools Today = World-Class Workforce Tomorrow

Future jobs will require more advanced training and school than the jobs of today. Yet our current education system is neglecting a significant portion of minority students to prepare for these future occupations.

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Addressing Incarceration Inequities Today = Extensive Economic Benefits Tomorrow

Despite historically low violent crime rates, the U.S. prison population grew 500% since 1980. The current costs of incarceration not only siphons money from vital programs but upends lives and communities, primarily for people of color.

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Conclusion

The youth of today will drive economic growth tomorrow. The majority of this generation will be children of color, many of whom will face the legacy effects of past and ongoing inequities of structural racism. Our shared future depends on the success of these children.

The W.K. Kellogg Foundation’s America Healing initiative was created to ensure that all children in America have an equitable and promising future. WKKF recognizes that achieving racial healing and equity can lead to better outcomes for future generations and our economy.

Citations

Altarum Institute and W.K. Kellogg Foundation, The Business Case for Racial Equity, October 2013; Center for American Progress, All-In Nation: An America that Works for All, July 2013; Center on Budget and Policy Priorities, Changing Priorities: State Criminal Justice Reforms and Investments in Education, October 2014; www.diversitydatakids.org; U.S. Census Bureau, 2009-2013 5-Year American Community Survey; U.S Census Bureau, Population Estimates; CDC/NCHS National Vital Statistics System, 2011-2013 data; Centers for Disease Control and Prevention, National Immunization Survey, 2013 immunization coverage report; U.S. Department of Education, National Assessment of Educational Progress 2013 Reading Assessment; U.S. Department of Education, Civil Rights Data Collection, 2011-2012; Annie E. Casey Foundation; www.prisonpolicy.org.