- The percentage of Black and Latino tech employees has risen by less than 1% in the past seven years.
- These failures highlight the need to create real opportunities for people of diverse backgrounds in the workplace.
- We need a robust framework that champions authentic diversity and enables structural change.
While the market seemingly recovers from the effects of the pandemic, the recession’s effects on Black, Brown and other underrepresented communities have been devastating, with experts calling the economic comeback “the most unequal in modern US history.”
Economists have long sounded alarms about the country’s increasing wealth disparity, and the pandemic has only exacerbated this destabilizing rift. In the US, the top 1% earners took in nearly a quarter of all income, making 26.3 times more than the bottom 99%. According to the latest data from the Federal Reserve, “the top 1% of Americans…