Economics
U.K.'s Underpaid Ethnic Minority Workers Lose $4 Billion a Year
- BAME employees paid significantly less than white counterparts
- Resolution Foundation calls for mandatory reporting of pay gap
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Black, Asian and minority ethnic workers in Britain are losing out on 3.2 billion pounds ($4 billion) a year because they are paid less than their white counterparts, according to the Resolution Foundation.
A study by the London-based think tank published Thursday found that even after controlling for differences in qualification levels and the type of work, so-called BAME employees still face significant differences in their pay.