Amara Omeokwe

speaker

439 appearances 11 recordings 1 series first heard Mar 2020 last heard Dec 2023

Amara Omeokwe’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Salary History Ban Benefits Women, African-Americans · 18 Jun 2020 podcast

So they aren't able to say whether the benefits that were especially relevant for African-Americans and women would be present in a weaker labor market. matched

The research can't say much about what happens to the workers after they change jobs and get that initial offer. matched

So in other words, it doesn't follow them down the line. matched

So there's no way of knowing whether African-Americans and women and other job changers continue to sort of progress up the wage scale after a salary history ban is implemented. matched

So there are other economists who have studied similar types of bans. matched

So for instance, there is a movement called Ban the Box, which seeks to limit employers' ability to see an applicant's arrest and criminal history. matched

There are other jurisdictions that have passed bans on credit checks. matched

And all of these sort of have the same spirit, right? matched

It's to prevent the employer from discriminating against, inadvertently or advertently, against people who may have had historic disadvantages in the labor market. matched

But some studies have found that actually when employers have limited information, they then use race or other characteristics as a proxy for those characteristics. matched

So one economist found that after jurisdictions implemented ban the box measures, which again limit an employer's ability to see criminal history, those employers then used race as a proxy for who was likely to have a criminal history. matched

And so what ended up happening is that young African-American and Latino men were less likely to be employed after Ban the Box measures went into place. matched

So there is some disagreement about whether these measures are helpful or whether sort of transparency would be more helpful. matched

Well, based on the Wall Street Journal's reporting, the trouble here is that corporate America has been grappling with issues of diversity and lack of diversity for a long time and issues of how to promote wage equity for women, for minorities for a long time. matched

And I think there are some questions about whether this momentum that we've seen after the killing of George Floyd in Minnesota and these nationwide protests over racial inequality and police brutality, whether the momentum will continue and we'll actually start to see corporate America make significant progress on bringing more racial diversity to its ranks. matched

And then also making sure that when there is diversity present, that people are being paid and treated fairly. matched

WSJ Your Money Briefing · Making the PPP Loan Process Easier for Minority-Owned Businesses · 2 Jun 2020 podcast

The Paycheck Protection Program application did not ask borrowers to provide optional demographic information. voice-verified

So there's no way to really track directly how the loans are flowing to minority communities. voice-verified

When the Paycheck Protection Program first launched in early April, a lot of lenders were prioritizing customers with which they had existing relationships. voice-verified

And we know based on research that borrowers in underserved communities tend not to have those relationships. voice-verified

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