Just 6 Percent of New S&P Jobs Went to White Applicants in The Wake of George Floyd, Analysis Shows

https://freebeacon.com ^ | 09.26.2023 | Aaron Sibarium

[rxsid]

Just 6 Percent of New S&P Jobs Went to White Applicants in The Wake of George Floyd, Analysis Shows

Only 6 percent of new S&P 100 jobs went to white applicants in the year after George Floyd’s death, according to an analysis by Bloomberg News, a testament to the pervasiveness of legally tenuous diversity programs throughout corporate America.

The analysis, based on data reported to the Equal Employment Opportunity Commission, shows that S&P 100 companies added 323,094 new jobs between 2020 and 2021. Of that total, 302,570 of them—94 percent of the total increase—went to "people of color," defined as blacks, Asians, and Hispanics, the analysis found. Together, those groups make up just 40 percent of the U.S population.

The disparities raise new questions about the role of race in corporate hiring, which is already under scrutiny following the Supreme Court’s ban on affirmative action in college admissions. With many companies and law firms now facing lawsuits over their diversity programs, the numbers suggest that race-conscious decision-making has gone beyond flashy fellowships or supplier diversity initiatives; in 2020, it appears to have permeated routine employment decisions.

"These numbers are extraordinarily stark," said Dan Morenoff, the executive director of the American Civil Rights Project, which litigates reverse discrimination cases. "It’s very hard to imagine this could be legally defensible."

Morenoff added that "disparate impact," or disparities in outcomes, can be a basis for liability even without proof of intentional discrimination. The Justice Department used this theory last year when it sued Meta, Facebook’s parent company, on the grounds that the platform’s algorithms affect users differently based on their race.

The shocking numbers may reflect the efforts by C-suites to incentivize workforce diversity through financial means. Starbucks, Facebook, BlackRock, and Verizon all tie executive compensation to racial targets , and other companies have even written those targets into their credit agreements with banks, tying the cost of borrowing to minority representation.

"The more a company seeks to ensure diversity ‘goals’ are achieved through significant financial pressure, the higher the risk that a court might find that such ‘goals’ actually are unlawful quotas," Andrea Lucas, a commissioner at the Equal Employment Opportunity Commission, told the Washington Free Beacon in July.

[aquila48]

“Welcome to South Africa...
Worse to come...”

Yes, but unlike South Africa, the whites here are still a majority and they could reverse things if they had any shred of self respect left.

It isn’t the blacks that are to blame for whites’ problems, they’re just being opportunists. Instead it is self loathing, guilt ridden, useful idiot whites who are hell bent at reducing their race to third class status.

We’re guilting ourselves into oblivion.

[DAC21]

As I mentioned on another thread, that kind of brain drain will be devasting when these Corp. try to crawl out of the soon coming Bidonomics recession.

[GailA]

btt

[StAnDeliver]

This smells like bullshit. This smells like Doomberg pooping out a mid-week White Hospice turd.

Let's start here.

"According to the report, White people still hold a disproportionate share of the top, highly-paid jobs in the US at S&P 100 companies. But the share of executive, managerial, and professional roles held by people of color increased by about 2 percentage points compared with 2020 — more than double the average annual gains at big and mid-sized US companies in previous years."

2 ucking percent. That is "pushing a string" -- that means, in survey statistics, it is indistinguishable from randomness.

Here's the chart that directly refutes the MSM 'text' - it flashes right by when you do the Doomberg scrolling but it's obvious -- this does not reflect the story in any way, shape or form. This is indistinguishable from the same chart during late President Trump.

So, yeah, "Less Senior" roles have seen an increase in Hispanic and Black hiring. No f---ing shit. YOU WANT FRIES WITH THAT?

[SuperLuminal]

Excellent points...

[Red Badger]

In fact, ignoring reality is part of our problem.

"You can avoid reality, but you cannot avoid the consequences of avoiding reality." - Ayn Rand..................

[Moltke]

Thanks for that. People have stopped asking themselves, “is that in any way plausible?”

Of course it isn’t!

[rxsid]

The numbers are what they are. No smell of bullshit here.

Only 6% went to the largest population group in the country, white workers.

And, doomberg's article headline is accurate:

Corporate America Promised to Hire a Lot More People of Color.
It Actually Did.

The year after Black Lives Matter protests, the S&P 100 added more than 300,000 jobs — 94% went to people of color.

Hiring someone because of the color of their skin is immoral AND illegal.

And yes, I'd LOVE from fries with that!

[rxsid]

Of course it's possible. In fact, it's the numbers that those corporations reported to the Equal Employment Opportunity Commission.