Coronavirus Forcing Society to Look At Economic Inequality Among Minorities

The coronavirus pandemic forced the United States into a health and economic crisis and as a result, it’s put a spotlight on racial gaps in America.



a close up of a book


© Getty Images/iStockphoto


San Diegan Bernardo Ferdman is an expert on diversity and inclusion who advises other companies on how to better diversify their workforce. He said, “If we don’t do something about diversity and inclusion, we’re going to risk getting more and more polarized.”

A new study by Citigroup, found income inequality between white, black and Hispanic families has not greatly improved over the past 40 years.

The study says if those racial gaps had narrowed or closed two decades ago, it could have increased the gross national product by up to $16 trillion. It also reported that having equal access to higher education would have added over $113 billion in added income.

That equal lending for Black business owners would have

Read More