Sobering statistics regarding African-American and Latino wealth from the Pew Research Center.
“While the wealth of whites leveled off as the economy began to heal between 2010 and 2013, Blacks and Hispanics experienced continued decline.”
…but who is surprised?
“There are some positives heading into the holiday season: improving consumer confidence, lower gas prices and job gains, all of which should spur consumer spending, much of which will be led by multicultural consumers and large households.”
Click below for the full Nielsen article
Check out this link from Nielsen to gain insight as to why a conversation with “her” is essential…and makes very good business sense…
There are a total of 15 charts.
I chose “Number 15″ to share, but I guarantee that the other 14 will enlighten you about two of the most vital and growing consumer groups –
African-Americans and Latinos
“No. 15 – Employers are more likely to turn away job seekers if they have African-American sounding names.”*
Click here to be enlightened.
*Source: “15 Charts that Prove We’re Far from Post-Racial,” HuffPost Black Voices, 7/2/14
Because I have been there.
And because I have done that.
I applaud Adrienne Simpson’s courage to not only speak up – (click here to see) – but to point out something that is prevalent not only in publishing, but also in practically every industry – outside of professional sports and entertainment –
“…hiring practices have made it abundantly clear that black people and their opinions have no place in its discussions.”
This is not just about Race, Philadelphia or Philadelphia Magazine.
If the two fastest growing minorities in this country are not allowed to have a voice, an opinion, and a seat at the table guiding and adding to the conversation, we will still be the lone voice in the corner of the room.
To acknowledge a problem is the first step. No diversity representation.
To do something about it is going the distance. Change.