In an equitable economy, there would be no racial wealth gap and all people of color and working-class people would have good jobs, dignified and rising standards of living, and equal voice, power, and ownership. Today, a host of structural barriers — from continued discrimination in the labor market to predatory financial practices to stagnant and inequitable wages, and more — prevent people of color from getting ahead and contribute to racial inequities in employment, income, and wealth. As the nation becomes more diverse, the costs of economic injustice will grow.
Economic vitality indicators examine whether all people regardless of race, gender, or nativity can access high-quality jobs, economic security, rising incomes, and entrepreneurship and homeownership opportunities. They also measure income inequality and job and wage growth in relation to overall economic growth.