Global Leaders Call for Radical Changes to Tackle Inequality
- Women and minorities daunted by lack of care, support and pay
- Bloomberg Equality Summit brought views from dozens of experts
Covid-19 showed the world undeniable evidence of the inequities faced by under-represented people. If government and business leaders don’t make radical changes, conditions won’t just stay bad, they will get worse, according to key decision makers who met this week at the fourth annual Bloomberg Equality Summit.
The U.S. can’t be considered fully recovered until Black and Hispanic employment has recovered as much as White employment even if that means federal policies result in short-term inflation, Cecilia Rouse, chair of President Joe Biden’s Council of Economic Advisers, said in an interview. Former American Express Co. Chief Executive Officer Ken Chenault and Facebook Inc. Chief Operating Officer Sheryl Sandberg also offered advice on needed changes.