May 18, 2008: Chicago United

Our guests on this NewsViews are Bridget Reidy, senior vice president at Exelon Energy. That's the parent firm of ComEd, which is a founding member of Chicago United. Our other guest is Albert Grace Jr., co-founder and president of Loop Capital. This minority firm was helped by Chicago United, has become a Chicago United member, and will now join this new program by helping other minority firms.

The latest unemployment statistics show the problem for minorities. April's national unemployment rate was 5 percent. Broken down, that's 4.4 percent for whites, 6.9 for Hispanics, and 8.6 percent for African-Americans. These are men and women who are looking for work, who want to earn a paycheck, pay taxes, and support themselves and their families, but sadly, cannot find a job. Chicago United wants to be part of a solution.

Chicago United hopes and expects more of its member firms to join this Five Forward Initiative diversity program.

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