US's top business lobbying group, citing an unemployment rate that is twice as high for black Americans as it is for whites, says it will redouble efforts to address racial inequality.
The US Chamber of Commerce promised to address "inequality of opportunity through education, employment, entrepreneurship, and criminal justice reform," reports the CNN.
"The senseless death of George Floyd has called renewed attention to the inequality and injustice in America," the statement said. "As a nation, we must address this issue with a robust plan of action."
The group named a national steering committee for the initiative that includes black business leaders.
The lobbying group promised to build on to two programs—one to help companies build diverse pipelines of talent and another is the chamber's partnership with historically black colleges.
The chamber will hold a town hall on June 25 to address racial inequality and how corporate American can help fix it.
The groups says it represents the interests of more than 3 million businesses of "all sizes, sectors, and regions, as well as state and local chambers and industry associations."