A persistent racial wealth gap hurts people, organizations, and the economy. Employers are instrumental in the effort to close the wealth gap, and one strategy is removing the barriers to career advancement into professional positions.-BY DEBORAH JENKINS

The U.S. Department of the Treasury addressed economic issues associated with racial equity, and although the Department focuses on Americans, the story is similar in many countries. The Federal Reserve Bank of St. Louis says that 2019 data shows the median wealth gap between Black and White families is wide, with the median white family having $184,000 in wealth compared to $23,000 for Black families. Wealth refer....