I tell you all this because it’s important to note progress. Because to deny how far we’ve come would do a disservice to the cause of justice, to the legions of foot soldiers; to not only the incredibly accomplished individuals who have already been mentioned, but your mothers and your dads, and grandparents and great grandparents, who marched and toiled and suffered and overcame to make this day possible. I tell you this not to lull you into complacency, but to spur you into action – because there’s still so much more work to do, so many more miles to travel. And America needs you to gladly, happily take up that work. You all have some work to do. So enjoy the party, because you’re going to be busy. (Laughter.)
Yes, our economy has recovered from crisis stronger than almost any other in the world. But there are folks of all races who are still hurting – who still can’t find work that pays enough to keep the lights on, who still can’t save for retirement. We’ve still got a big racial gap in economic opportunity. The overall unemployment rate is 5 percent, but the black unemployment rate is almost nine. We’ve still got an achievement gap when black boys and girls graduate high school and college at lower rates than white boys and white girls. Harriet Tubman may be going on the twenty, but we’ve still got a gender gap when a black woman working full-time still earns just 66 percent of what a white man gets paid. (Applause.)
We’ve got a justice gap when too many black boys and girls pass through a pipeline from underfunded schools to overcrowded jails. This is one area where things have gotten worse. When I was in college, about half a million people in America were behind bars. Today, there are about 2.2 million. Black men are about six times likelier to be in prison right now than white men.