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Unemployment rate for Black workers going the wrong way as benefits expire

Sep 6, 2021
Black workers were the only racial or ethnic group for whom unemployment rose in the most recent monthly data — to nearly 9%.
A woman walks past the an employment services center in Washington, D.C., in July 2020. In the most recent unemployment report, Black workers were the only racial or ethnic group to see unemployment rise.
Saul Loeb/AFP via Getty Images

How mortgage algorithms perpetuate racial disparity in home lending

Aug 25, 2021
A new investigation finds that people of color are more likely to have their mortgage applications rejected than comparable white applicants.
A new investigation finds that people of color are more likely have their mortgage applications rejected than similar white applicants.
Glenn Hunt/Getty Images

“Summer of Soul” producers on battling Black erasure to make the film

Jul 22, 2021
Why the Harlem Cultural Festival, known as “Black Woodstock,” was forgotten for decades.
The 5th Dimension performs at the Harlem Cultural Festival of 1969, as seen in the new documentary "Summer of Soul."
Courtesy Searchlight Pictures

How Nebraska's largest Black-owned business is approaching the post-pandemic era

Jul 1, 2021
"We are at an inflection point," said Carmen Tapio, founder and CEO of North End Teleservices.
"We are at an inflection point," said Carmen Tapio, founder and CEO of North End Teleservices in Omaha.
Courtesy of North End Teleservices

What corporations need to do, internally and externally, to address social equity

Jul 1, 2021
Professor Ella L.J. Bell Smith of Dartmouth says companies must bring people of color into their executive pipelines and develop their abilities.
Addressing inequity takes external action, like following through on financial pledges, as well as internal action, like paying attention to wage equity, recruitment and promotions.
Getty Images

Closing racial wage gap could lift 2 million Black Americans into middle class, study finds

Jun 28, 2021
A new McKinsey report details the sweeping economic disparities Black Americans face.
A new report from McKinsey says Black Americans are underrepresented in occupations like doctor that are traditional pathways to the middle class.
Getty Images

Corporate America has a supplier diversity problem

Jun 22, 2021
Programs meant to connect large corporations with more diverse suppliers are not working.
Following the civil rights movement of the 1960s, special programs emerged that were meant to connect large corporations with more diverse suppliers.
kupicoo via Getty Images

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Why investment in Black entrepreneurs is on the rise

Jun 15, 2021
Many large companies are interested in both the cause and the financial returns, says Melissa Bradley of 1863 Ventures.
Melissa Bradley of 1863 Ventures has observed a dramatic increase in Black and brown entrepreneurship over the past year, aided by venture capital and corporate investment.
Courtesy 1863 Ventures

After years of setbacks, socially disadvantaged farmers get debt relief

Jun 10, 2021
Dewayne Goldmon of the Agriculture Department sees the aid as narrowing the economic gap between farmers of color and white farmers.
The Trump administration's farm bailout failed to provide a significant share of aid to Black growers, reports show. The Agriculture Department, adviser Dewayne Goldmon says, "should be more equitable."
Michael M. Santiago/Getty Images

Why aren't corporate boards diversifying more quickly?

Jun 9, 2021
An new analysis of Fortune 500 companies finds that progress in diversifying corporate boards has been "painfully slow."
One challenge is that directors don’t tend to leave their board seats very often. Board members generally stick around for about a decade, said Yo-Jud Cheng, a business professor at the University of Virginia.
skynesher via Getty Images