In the United States, Black workers account for 15 million, or 12 percent, of the 125 million US private-sector workers, and they are underrepresented in the highest-growth geographies and the highest-paying industries. When it comes to tech jobs, they make up only 8 percent of employees. Black households stand to lose out on more than a cumulative $350 billion in tech job wages alone by 2030, an amount equal to one-tenth the total wealth held by those households, write partner Jan Shelly Brown and senior partner Mark McMillan in a new article. In a four-part series, we dive into the critical gaps Black Americans face in their roles as entrepreneurs, workers, consumers, and residents. In this second collection, we look at the talent gap that exists across industries and the important role companies have to play in achieving progress. Be sure to bookmark this page for more insights from the McKinsey Institute for Black Economic Mobility throughout #BlackHistoryMonth.
How to close the Black tech talent gap
Race in the workplace: The Black experience in the US private sector
Race in the workplace: The frontline experience
Mining for tech-talent gold: Seven ways to find and keep diverse talent
Black representation in film and TV: The challenges and impact of increasing diversity
A guide to impact investing in Black economic mobility