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Other recent research on inequities from the MIT Sloan School of Management found lower 401(k) contributions among Black and Hispanic workers and single parents, while contributions were higher among white workers, workers with more liquid wealth and those with well-off parents who conceivably could help in a financial pinch.

Among the major worker groups, the unemployment rates for adult men (4.1%), adult women (3.8%), teenagers (13.9%), Whites (3.7%), Blacks (7.5%), Asians (3.6%) and Hispanics (5.3%) showed little or no change in August.

Findings from a Panel Study.”

[White paper] Armonk: IBM Smarter Workforce Institute, IBM Corp.

Here are some of the key numbers from the survey of 303 full-time business professionals via the Schlesinger Group panel online: 85% believe their employer prioritizes DEI a good or great deal in the workplace.;74% feel that their employer is putting the right amount of effort into these initiatives.;64% of employees believe DEI is very or extremely important.;83% agree or strongly agree with the statement “I feel comfortable talking about my background and cultural experiences with my colleagues.;85% either agree or strongly agree that “I feel included and respected at my organization.”; The overwhelming employee agreement with those last two statements is particularly significant.

Further, legal and regulatory frameworks prohibit discrimination based on a person’s race, color or gender (U.S.

Kathy Hochul said the law would "usher in a new era of fairness and transparency for New York's workforce and will be a critical tool in our efforts to end pervasive pay gaps for women and people of color" ( State of New York 2022).

Viewed: May 20, 2022. https://www.nbcnews.com/politics/white-house/biden-administration-extends-pause-student-loan-payment-pause-until-may-n1286465.

Minimum wages that rise steadily over time in real terms are needed to ensure the floor of wage distribution keeps pace with productivity growth, and they also play outsized roles for workers of color ( Derenoncourt and Montialoux 2020; Wursten and Reich 2023).

The sample was 57.3% male, 71.6% White, 12.8% Black, 4.4% Hispanic or Latino, 7.0% Asian, and less than 2% for remaining races.