Merck chief executive Ken Frazier speaks during a meeting of the Economic Club of New York Oct. 3, 2018, in New York.A coalition of 37 U.S. companies is aiming to hire and invest in 1 million Black Americans over the next 10 years in an effort it says will chip away at the economic barriers plaguing Black people in the country.
“Many times, companies require four-year degrees for the kinds of jobs that really do not require a four-year degree,” Merck CEO Ken Frazier, OneTen's co-founder, told. “We’re trying to urge companies to take a skills-first approach rather than a credentials approach, which will eliminate some of the systemic barriers African Americans have faced.”
OneTen is intended to be a “comprehensive system” that connects companies with local education and skill-building organizations — such as community colleges and nonprofits — to not only hire Black people, but also intentionally invest in their success at the businesses. The corporate world has long had a diversity problem. One side effect of systemic racism in the U.S., is that Black people account for 8 percent of white-collar professional employees, according to a report from the. Furthermore, only 3.2 percent of executives, senior-level officials and managers are Black, the researchers found.
Meanwhile, Black people are more than twice as likely to live below the poverty line than white people, according to the U.S. Census Bureau’s
CRIMINAL NBC SOBs THUGGERS NEED AN EDUCATION STOP BREEDING LIKE RABBITS ONE THUGGER MAN HAS 5 DIFFERENT KIDS ON ONE BLOCK N THE GHETTO
FINALLY!!!!
How about they commit to paying a real living wage to the thousands of black Americans they already employ? 🙄
Good luck with that when the Biden Administration opens the gates of the Southern border.
rolandsmartin 🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🥇🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🥇🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🥇🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🥇🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾
How much of the Corona/Covic-19 Lockdown and mask is actually harming you more than helping you? Peace on earth
Do not be fooled by this, these jobs will go to immigrants and the children of immigrants.
So these companies are going to hire people on the basis of the skin color and no other reason. Sounds like racism to me.
This excellent excellent news... a long time in the making
B o. Qo
Reparations is what chips away at economic exclusion 400 years in the making.
Pathetic
rolandsmartin jarviscstewart 👀
Isn’t it up to the individual to help their economic barrier. I’m where I am today because of me. Not because of anyone else giving me anything.
The free market always is better at fixing things than government. Especially climate change the free market is innovating. But idiots still vote for taxing people so government fail at the green new deal.
Targeting, recruiting, hiring, and advancing people based on the color of their skin? Weird.
Racism is alive and well.
What ever happeend to equal employment opportunity for ALL?!?
In the shortest amount of words possible...explain how this is NOT racism?
So I guess federal hiring discrimination means nothing. Be ready for the lawsuits.
The division in this country is sad.
GLORIOUS, let’s hope it will be sooner than that.
start with primary schools, then middle schools, then high schools, then universities, teach and fund children as they're growing, support their parents, this is how you build a just and equitable society
Amazing
Both the 37 and the 1,000,000 will increase to larger numbers as more corporations realize the business advantages of increased diversity in the workforce. It would be nice if they were doing it due to their social conscience, but at least it’s starting.
Philadelphia should offer all those companies free land to move here.
Is this the reparations push?
They should also support criminal justice reform, police reform, and increased investment in schools serving Black students, and free/cheap college tuition.
Talk is cheap , let's see action 1st
If they are white companies then it can be seen as another form of slavery ?
Racism is now acceptable