Entrepreneur and BET co-found Sheila Johnson recently spoke with Roland Martin about jobs, the state of the economy, the need for workforce diversity, forcing corporate America to diversify and adopt practices that promote inclusion on all levels of business.
Johnson explained during her sit down with Martin our “economy is very fragile right now.” As a result of the volatility of the stock market Johnson said, “we’re holding our breath. I’m personally holding my breath. I can see my stocks being affected.”
“It’s affecting our 401k’s, small businesses are starting to look twice at their bottom line, at how many employees they can keep or how many they can hire and you know we’re probably the most vulnerable or all,” said Johnson.
According to Johnson, the impact of the shaky economy has not reached the hotel business as of yet, but in terms of the African American community, the effect of today’s economic environment is “hurting us more” and it makes her nervous.