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Minorities see an employment boost hiring by major companies in New York

In New York City, many leaders from major companies, including banks and tech giants, have formed a group aimed at increasing the hiring of individuals from minority communities.

The New York Jobs CEO Council, which is a new non-profit that also works with universities, the city and other groups to create new curriculums and apprenticeships over the next decade, counts chief executives from 27 firms among its members.

The goal is to hire 100,000 people from low-income Black, Latino and Asian communities by 2030, an ambitious but very promising and encouraging objective that aims to inspire other companies all over the world too.

Jamie Dimon, chairman & CEO of JP Morgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York City, New York, U.S. Image credit REUTERS/Shannon Stapleton

Jamie Dimon, chief executive of JPMorgan Chase & Co, IBM CEO Arvind Krishna, and Accenture CEO Julie Sweet will co-chair the group.

Dimon explained that often, high-achieving people across New York were not given opportunities at the city’s top employers: “Today’s economic crisis is exacerbating economic and racial divides and exposing systemic barriers to opportunity.

“Young people in low-income and minority communities feel this failure the most. Unless we actively work to close the gap, COVID-19 will make matters worse,” pointed out the opinion piece which was co-authored with Félix V. Matos Rodríguez, the chancellor of the City University of New York (NYU).

Other companies in the group involve Inc, Google, Microsoft Corp and Goldman Sachs, according to a press statement released earlier this morning.

Image credit Focus Malaysia

Unsurprisingly, many American companies have been under increasing pressure to do more to give more opportunities to minority groups, in the wake of anti-racism protests inspired by the brutal murder of a 46-year-old African American man, George Floyd who was killed in May after a white police officer knelt on his neck for nearly nine minutes in Minneapolis.

The protests and the very active Black Lives Matter movement also arose because minorities have been disproportionately represented in COVID-19 deaths, and lower-income communities in the United States were hit hard economically not only because of the pandemic but also because of the not-so-fair governmental policies applied

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