United kingdom cost of living crisis disproportionately affected ethnic minority workersWith new research revealing that professionals from ethnically diverse backgrounds are at greater risk of layoffs, religion and poor Psychological health.
nonprofit organization people like us It surveyed more than 2,000 workers from black, Asian, mixed-race and minority ethnic backgrounds to find that more than half (52 percent) said government support would not see them for the next six months, a rate 7 percent higher than their white counterparts. .
Their financial concerns cause them to indulge in savings at a greater rate, as ethnic minority professionals are more likely to borrow money, move with family members, and skip meals due to the cost-of-living crisis.
Redundancy concerns are also worse for workers from black, Asian, mixed-race and minority ethnic backgrounds, with 41 per cent worried they would lose their jobs due to rising costs, compared to 27 per cent of those from a white British background.
These concerns have left more than half of the workers surveyed (56 percent) despairing of the rising cost of living.
Now, people like us are asking the government to submit mandatory reporting on the racial wage gap and asking the British public to do so Sign this petition To show their support for this, in an effort to introduce more transparency about the disproportionate impact of the cost of living crisis on ethnic minority workers.
Research conducted by the company in early 2022 found that Professionals from racially diverse backgrounds earned only 84 percent of what their white counterparts earned.
While the issue was discussed in Parliament in 2021, no clear timetable was announced as to when these reports would be implemented.
Shiraz Gulcher, co-founder of People Like Us, said: “We need to make companies accountable for pay disparity. Mandatory reporting of the gender pay gap is starting to move the wheels to start tackling the balance between men and women, and we are now calling for mandatory reporting of the gap racial wages to do the same on the basis of race.”
Diane Grayson, founder of the #EthnicityPayGap campaign, added: “This report acknowledges that black, Asian and other ethnic groups are being punished by societal structures.
It also defines the largely entrenched pressures of austerity causing the disastrous existence of many black, Asian and other ethnic groups.
The racial wage gap cannot be allowed to persist. The government must listen, take action, and work with organizations such as the #EthnicityPayGap Campaign and People Like Us to deliver a clear and actionable strategy. We also believe that the government needs to include an appendix to its strategy that includes evidence of a planned strategy to bridge the gap.
“I would encourage companies of all sizes to support this People Like Us petition and pass it on to anyone and everyone – together we can make a difference and correct this outdated error.”