November 17, 2021

How Big Tech Allows the Racial Wealth Gap to Persist

Since President Biden signed a law last week making Juneteenth a federal holiday, there has been no shortage of corporate displays of good will. Google devoted its famous “doodle” to the holiday, and many companies have declared that they will observe Juneteenth as a paid holiday.

With Republicans in state governments across the country introducing bills and passing laws that try to limit the teaching of racism’s role in American history, tech firms and other major corporations have joined Democrats in condemning them.

But what’s actually going on inside these companies? A report released last week by the Conference Board, a corporate research firm and business group, showed that while conversations about confronting race and racism might be on the rise, actual workplace equity isn’t.

The wage gap along racial lines is increasing, particularly “in industries, occupations and…

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