The phrase “Black employment” shows a breathtaking number of articles, blogs, think-pieces, and research underscoring the staggering barriers and disparities Black people face in the global job market.
With the outbreak of the COVID-19 pandemic, which alone triggered the U.S. unemployment rate to a decline unseen since “The Great Depression”, Black people around the world have been disproportionately impacted by the economic fallout from the virus.
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According to the U.K.’s House of Commons Library1, the unemployment rate of people BAME (Black, Asian and Minority Ethnic) backgrounds increased versus the first quarter of 2020, from 5.8% to 6.3%, as the unemployment rate for people from White backgrounds moved closer to historic low levels.
In the U.S., while 2.5 million jobs were added back in May, Black unemployment rose to 16.8%, up 0.1% since April.
As thousands of rallies take place around the world, with millions uniting against economic, social, and racial injustices, #BlackLivesMatter has shone a spotlight on the grim reality Black people face every day in virtually all aspects of their lives.
To help reverse the tide of inequality and foster relationships with like-minded professionals, Nexio is a revolutionary company whose innovative app advances career opportunities for and cultivates connections between Black entrepreneurs and professionals.
HR Technology News: TecHRseries Interview with Alper Cakir, Founder & CEO at Xtensio