"These racial differences suggest that a bachelor's degree, even one from an elite institution, cannot fully counteract the importance of race in the labor market," said Gaddis, a postdoctoral scholar in the Robert Wood Johnson Foundation's Health Policy Scholars program at the School of Public Health. "Thus, both discrimination and differences in human capital contribute to racial economic inequality."
Furthermore, race results in a double penalty. When employers responded to black candidates, it was for jobs with lower starting salaries and lower prestige than those of white peers. Black applicants received responses for jobs with a listed salary about $3,000 less than white candidates.