DELIVERING ON DIVERSITY, GENDER EQUALITY, AND INCLUSION
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In this issue, we look at the experiences of Black women at US law firms and at how Americans are celebrating the Lunar New Year. |
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This week, people around the world—and across the United States—are celebrating the new year. We take this opportunity to reflect on the diversity of the Asian American community and to recognize Asian Americans’ wide-ranging business contributions. |
Asian Americans make up 6 percent of the US population, and their numbers are growing rapidly. (The group has grown by more than 80 percent over the past two decades—the most out of any racial group in the United States.) Asian American immigrants and their descendants are diverse both culturally and socioeconomically; McKinsey analysis shows that their corporate success, educational attainment, and income vary widely. Together, they are a powerful economic force: Asian American–owned businesses employ nearly five million workers and contribute nearly $1 trillion to the US economy each year, according to data from the US Census. |
Among those marking the Lunar New Year are many members of Southeast Asian communities, including Vietnamese Americans. One way they and other Asian Americans are celebrating the holiday is with fruit. As Dr. Linda Trinh Vo of the University of California, Irvine, explains, fruit is “a language of love” for many Asian families. |
Kids in New York and San Francisco had the day off from school on Tuesday to celebrate the new year with their families. Here’s something little ones can enjoy year round: Amy Wu and the Perfect Bao, by Kat Zhang and illustrated by Charlene Chua, is a picture book that, like the Lunar New Year, is about family—and food. It’s among author Joanna Ho’s favorite children’s books featuring Asian characters and traditions. When she was growing up, such books were rare. |
— Edited by Julia Arnous, an editor in McKinsey’s Boston office |
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