People

The economic cost of racial inequity at work put at $58.7bn per year

Some 42% of Black workers in the US said there were instances when they felt they were treated differently on the job because of their race or ethnicity

A year after George Floyd’s killing turned racial inequity and justice into a key theme for policing, politics and business, a new survey shows how far America still needs to come in the workplace — and what the price of inaction may be.

More than a third (34%) of Black workers said they believe they have been treated unfairly at work, while 17% of Asian-American workers and 16% of Hispanic workers say they’ve been treated unfairly on the job, according to a report released on 24 May by the Society for Human Resource Management. Only 8% of white workers feel the same way, the survey said.

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