Unemployment rates for Black women are rising, and economists believe this signifies a broader problem. Black women’s unemployment rate increased from 5.1% in March to 6.1% in April and reached an all-time high in May at 6.2% before dropping to 5.8% in June, according to data from the Bureau of Labor Statistics reported by The 19th. Rates for white and Asian women remained close to 3% and 5% for Latinas, in comparison. Experts believe that this highlights a strain in the economy. Why is this concerning? Due to systemic racism
AMP, a streaming group comprising influencers, has secured a deal with Target, but some consumers are unhappy with the move. The group that creates collaborative videos on YouTube and Twitch consists of Duke Dennis, Kai Cenat, Fanum, Agent 00, ChrisNxtDoor, and ImDavisss. They have now launched a personal care brand called Tone, which will be sold exclusively at Target. “We really saw a gap in the shelves for a new brand to break through — and for a brand that is fresh and represents who we and our community are. Products that don’t just look good
The pace of diversity, equity, and inclusion (DEI) policy rollbacks at the nation’s largest corporations is slowing, despite high-profile political and corporate pushback, a new study has found. The findings follow a renewed anti-DEI wave, triggered by President Donald Trump’s January 20 executive order ending all federal diversity initiatives. Since then, major companies like Meta, Google, JP Morgan, and Target have scaled back or altered their DEI policies. But according to a new Gravity Research report, while the initial response was swift, the momentum behind corporate DEI dismantling has since
The Congressional Black Caucus (CBC) joins the list of Black leaders pushing for corporate accountability. Chairwoman Yvette D. Clarke and members of the Congressional Black Caucus’s Diversity, Equity, and Inclusion Task Force met with Target CEO Brian Cornell to discuss the company’s rollback of its DEI efforts, according to a press release. In January, the retailer announced that it would end its three-year DEI goals, conclude its Racial Equity Action and Change (REACH) initiatives by 2025, and discontinue a program focused on carrying more products from Black— or minority-owned businesses. Congressional
Fewer Black professionals are entering venture capital, and even fewer are rising through the ranks, a new report has found. The Black Venture Report 2025 On Juneteenth, BLCK VC released the third edition of its Black Venture report. Its first edition was promoted by a question between the co-founders: Where are we, really? That question expanded into a critical report that highlights the link between Black representation and power in venture capital. “Our research continues to expose a stark truth: Black investors remain severely underrepresented, especially in senior roles,” it
References to DEI on annual reports of FTSE 100 companies in the UK have declined, according to The Observer. Mentions of DEI, as well as the number of pages containing the phrase and revisions on it, fell by more than 16% compared to the annual reports for 85 companies in 2023 and 2024. While references to environmental, social, and governance (ESG) and revisions on the term decreased by 22%, the data points to influence from the US after President Trump revoked a six-decade-old executive order that prohibited workplace discrimination by
On May 25th, hundreds of people knelt in prayer outside of local Target stores to commemorate the fifth anniversary of George Floyd’s murder. The prayer lasted for 9 minutes and 29 seconds—the exact time Minneapolis police officer Derek Chauvin knelt on Floyd’s neck, according to Afro.com. Faith leaders across the country led the prayer, including Pastor Jamal Bryant, who had led the 40-day boycott against the retailer, which has now evolved into a complete cancellation. “Effective immediately. Target is canceled,” he said. The company doesn’t “value who it is that
Melissa Butler, founder and CEO of The Lip Bar, shared that sales have declined by 30% since the boycott of Target began earlier this year. The boycott is in response to Target’s decision to roll back its DEI efforts, which include a commitment to increasing Black representation by 20% and a program to feature more products by Black- and minority-owned businesses. Butler is now calling on consumers to support Black-owned businesses through other channels, including buying from them directly. The Lip Bar’s sales declining In a video posted on social media,
It’s been a tough few months for Target after it rolled back its DEI efforts. In a bid to boost company morale, CEO Brian Cornell wrote a memo to employees, but it may have caused more confusion. Cornell admitted that it has been “a tough few months” between the retail economy and “headlines, social media, and conversations that may have left you wondering,” as The Minnesota Star Tribune stated. However, he said Target’s culture and commitment to staff remain the same. Target ending its DEI efforts In January, the retailer announced
DEI Under Fire is our monthly series that keeps you up-to-date on the latest DEI announcements and changes from the nation’s leading companies. This month, we discovered that more companies are rejecting the anti-DEI wave. Bristol Myers Squibb stood firm on their DEI efforts, highlighting the importance of an inclusive workforce. Berkshire Hathaway also backed its DEI initiatives as shareholders rejected an anti-DEI proposal. Goldman Sachs, however, removed references associated with DEI on its website. Here are some of the latest changes we think you should know about. Remember to
