That’s how many Black Americans will be hired, promoted, or taught more advanced skills in the next 10 years, according to a statement of commitment by the new corporate coalition OneTen.
OneTen will focus on “family-sustaining” jobs that come with opportunities for advancement, according to the statement, released Thursday. The coalition is composed of CEOs from 37 companies including Accenture, American Express, Merck, and Walmart.
OneTen said it aims to specifically uplift Black Americans without four-year degrees by reducing exclusionary hiring practices and identifying new talent sources to work in their companies. Improving racial inequality in the U.S. could add trillions to the economy, too.
"OneTen links our companies with the critical work we know we need to do to improve racial equity in America," Ginni Rometty, Black Economic Alliance chairman and former Infor CEO, said in the statement. “This will not only help our individual companies, but by removing structural barriers that have disproportionately hindered Black Americans from joining the middle-class, it will also help lift all Americans.”