Detroit's Quicken Loans makes Juneteenth a paid holiday for 30,000 workers

Detroit – Detroit-based mortgage company Quicken Loans said it will offer a paid holiday to employees on June 19, which is observed as the end of slavery in the United States.

Quicken Loans said the policy covers 30,000 employees.

Juneteenth “will be a paid holiday for team members who choose to commemorate this day,” chief executive Jay Farner said Friday on Twitter.

“We are encouraging those team members to use it to have a voice, to contribute to the community, to celebrate their identity or use it to learn more about addressing racial inequity,” Farner said.

Quicken Loans and affiliated companies have a large presence in Detroit, which is about 80% black.