Job attribute preferences were examined using a sample of black (N=190) and white (N=149) college students. Previous research has demonstrated differences between blacks and whites. However, no research has investigated the influence of cognitive variables or psychological states of individuals in explaining differences between blacks and whites. This study found that ethnic identity and psychological capital mediated the relationship between race and job attribute preferences, but at different levels. There were also differences in levels of ethnic identity and psychological capital between blacks and whites.