Workers doubt company diversity programs in new study
A National Urban League report finds only 32 percent of workers view their company’s diversity programs as effective, with 26 percent negative and the rest neutral. Whites show 29 percent favorable, while Blacks, Hispanics, Asian Americans and Native Americans each average 34 percent positive. Executives and large firms show higher favorable views.
MENTIONED IN THIS ARTICLE
New York
National Urban League
Marc Morial
The
League
Diversity in the American workplace study says firms trail diversity goals
Fariborz Ghadar of Penn State notes Americans value diversity but few believe their programs are effective. The report contrasts general worker views with eight firms reputed for strong diversity practices including Enterprise, Fifth Third, Kraft, PepsiCo, Pitney Bowes, Procter & Gamble, UPS, and Wells Fargo, highlighting a gap between national diversity and corporate reality.
MENTIONED IN THIS ARTICLE
Fariborz Ghadar
Center For Global Business Studies
Penn State University
Enterprise Rent-A-Car Co
Fifth Third Bancorp
Kraft Foods Inc
PepsiCo Inc
Pitney Bowes Inc
Procter & Gamble Co
UPS Inc
Wells Fargo & Co
Economy growth slows to 3.9 percent amid trade deficit drag
The Commerce Department reports first quarter GDP at 3.9 percent, below the 4.4 percent estimate, with the trade deficit shaving 0.7 percentage points. Consumers spent modestly and business investment remained soft. May existing home sales rose to a record annual pace of 6.80 million, up 2.6 percent from April per the National Association of Realtors.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
United States
Bill Cheney
MFC Global Investment Management
National Association of Realtors
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