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Portland,
OR, USA
- Jun
13,
2020: A
group of
BLM
demonstrators,
mostly
young
medical
workers
and PA
students,
march
along
the 6th
Ave
towards
the
Pioneer
Courthouse
Square
in
downtown
Portland.
(Photo
by Tada
Images/Shutterstock) |
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A
graduate's
mortar
board
hat is
pictured
during a
commencement
for
Medgar
Evers
College
in the
Brooklyn
borough
of New
York
City,
New
York,
U.S.
June 8,
2017.
(REUTERS/Carlo
Allegri) |
| |
U.S.
Black
workers
still
earning
less
than
whites
-report
Reuters,com
3
minutes
WASHINGTON
- Black
workers
in the
United
States
continue
to earn
less
than
their
white
counterparts
even as
American
companies
are
raising
diversity
and
inclusion
as a
cornerstone
of their
brands
and
business
strategies,
according
to a
report
published
on
Thursday.
The
Conference
Board
report
attributed
the wage
gaps to
a range
of
factors,
including
geographical
segregation
and
labor
market
segmentation,
as well
as
different
access
to
educational
opportunities,
social
and
professional
networks.
"As
Americans
mark
Juneteenth,
business
leaders
and
policymakers
alike
must
recognize
the
recent
trends
in
racial
disparities
in the
21st
century
economy,"
said Gad
Levanon,
labor
markets
vice
president
at The
Conference
Board in
Washington.
"Reversing
these
trends
will
require
addressing
deeply
rooted
labor
market
segmentation
and
geographical
segregation
in
restricting
access
to
high-growth
fields."
Juneteenth
is a
holiday
celebrated
on June
19
commemorating
the end
of the
legal
enslavement
of Black
Americans.
On
Thursday,
it
became
the 11th
federally
recognized
holiday.
According
to The
Conference
Board,
Black
men with
a
bachelor's
degree
or
higher
earned
18% less
than
white
men in
2010. By
2019,
that gap
had
widened
to 24%,
driven
by what
the
think
tank
said was
the
striking
underrepresentation
of Black
workers
in
high-paying
industries
and
occupations.
It
singled
out the
technology
industry,
which it
said
experienced
a surge
in high
earners
in
recent
years,
yet
Blacks
accounted
for only
4% of
top
earners,
compared
to 6% in
other
industries.
The
Conference
Board
also
noted
that
Black
workers
were
similarly
underrepresented
in other
booming
fields
for top
earners,
accounting
for just
2.8% of
top-earning
CEOs and
3.8% of
top
earners
in
marketing
management.
Some
industries
and jobs
with a
large
concentration
of Black
workers
among
top
earners
were
shrinking,
it said.
The
think
tank
also
noted
that
Blacks
with a
bachelor's
degree
were
much
more
likely
to work
in jobs
that do
not
require
a
college
degree,
such as
drivers
and
security
guards.
The
Conference
Board
suggested
that
embracing
remote
work
could
bolster
diversity
post-pandemic
by
opening
positions
to
qualified
Black
talent
unable
or
reluctant
to
relocate
to tech
hubs in
the West
Coast.
Reporting
By Lucia
Mutikani;
Editing
by
Catherine
Evans
Our
Standards:
The
Thomson
Reuters
Trust
Principles.
Advertise With Us:
Certified Minority Business Enterprise
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