THIS WEEK: Closing Racial Equity Gaps
May 11, 4-5:30 p.m.
Presented by the Educate, Innovate, Elevate and Act Subcommittee of the Diversity, Equity, and Inclusion Advisory Committee
The data is clear. America’s perpetuation of systemic racism continues to deny not just Black and Brown Americans economic equality, but also, by not addressing racial gaps between Blacks and whites, it has cost the U.S. economy up to $16 trillion over the past 20 years.
- Closing the Black wage gap could have added $2.7 trillion in income
- Improving access to housing credit might have added an additional 770,000 Black homeowners, adding $218 billion in sales and expenditures.
According to a recent Citi (Global Perspectives and Solutions) report, if these and other racial gaps were closed today, we could see $5 trillion of additional GDP over the next five years. Come ready to participate in a discussion on closing racial equity gaps, and hear the data and the business case on why supporting the advancement of economic equity is essential if we are to maximize the human capital potential of our communities.