Transgender people are twice as likely to be unemployed as nontransgender people, according to a study posted Wednesday.
Roughly 30% who identify as transgender are not in the workforce, McKinsey & Company reported in its diversity and inclusion study.
Those who identify as transgender are also twice as likely to be unemployed, according to McKinsey's analysis.
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When looking at the employment status of people by gender identity, 82% of nontransgender people are in the U.S. workforce, compared to 73% who identify as transgender, McKinsey found.
"Transgender people continue to face stigma and discrimination, despite gains in public visibility. Those struggles carry over to the workforce, where transgender people overall are underrepresented," McKinsey reported.
Over half of transgender adults report being uncomfortable being "out" at work and at least two-thirds remain in the closet, the study read.
Many transgender workers also report experiencing financial discrimination.
"Cisgender employees make 32 percent more money a year than transgender employees, even when the latter have similar or higher education levels," according to the study.
"Given the more than 2.0 million transgender people in the United States, and the 1.2 million people who identify as nonbinary, employers cannot continue to ignore a significant population that experiences systemic barriers to employment, work performance, and career progression," McKinsey said.
The study presented several steps to remedy the prejudice, including a shared vocabulary, better understanding of gender identities, and greater public visibility.
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"While there is much to be proud of in the workplace advances of the LGBTQ+ community over the past decade, true progress cannot be realized unless it includes every letter of the abbreviation," the study read. "When employers better understand the challenges that transgender people face, they can knock those barriers down."