The reality of the fact is that in America race relations may have come a long way but they are still far away from the American idealism of the US declaration of independence from the British; We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–
Numbers never lie
• White men are 30% of the population and yet make up 70% of corporate board seats.
• 7% of Fortune 250 companies are run by emerging majorities (used to be known as minorities)
• 2 companies of all publicly traded companies are chaired by black women of which Mellody Hobson-Lucas is one and the other is Cathy Hughes the founder of TV One and the Radio One Radio networks which went public and she then became the Chair of the Board
• in 2013, 30% of the 250 largest corporations do not currently have a single African American director
• Black Immigrants in the United States have the highest rates of educational attainment and employment among all immigration groups. This means they are the immigrant group with the most formal education which is probably the most under reported statistic since most Westerners would probably pick Asians because of the stereotypes associated with this group.
• In 2007, 75% of Black African Immigrants aged 18 to 64 were employed versus 71% of immigrants overall and 72% of US-born adults.
• In 2007 Black African Women had an employment rate of 68%, which was 8% higher than for all immigrant women except from countries with large Muslim populations.
• However, when one compares educational attainment with earnings, there is a disconnect. Data from 2007 shows that median annual earnings for Black Immigrants were $27,000 which is about 20 percent below the median for US-born workers ($33,000). This in spite of the fact that African Immigrants have substantially more education than US-born workers.
• Report from the Alliance of Board Diversity, shows that overwhelmingly white men hold these positions of power in the business world.