Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

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

Posted on 09/27/2023 12:08:31 PM PDT by 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.


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: antiwhite; antiwhiteracism; blackracistsmatter; corporateracism; descrimination; discrimination; employmentracism; floyd; georgefloyd; racism; sp; sp100; workplaceracism
Navigation: use the links below to view more comments.
first previous 1-2021-4041-49 last
To: SuperLuminal; rxsid

“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.


41 posted on 09/27/2023 3:14:18 PM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
[ Post Reply | Private Reply | To 5 | View Replies]

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.


42 posted on 09/27/2023 3:21:23 PM PDT by DAC21
[ Post Reply | Private Reply | To 41 | View Replies]

To: rxsid

btt


43 posted on 09/27/2023 3:33:10 PM PDT by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
[ Post Reply | Private Reply | To 1 | View Replies]

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?

44 posted on 09/27/2023 4:20:44 PM PDT by StAnDeliver (TrumpII)
[ Post Reply | Private Reply | To 1 | View Replies]

To: aquila48; zek157

Excellent points...


45 posted on 09/27/2023 7:56:17 PM PDT by SuperLuminal (Where is the next Sam Adams when we so desperately need him)
[ Post Reply | Private Reply | To 41 | View Replies]

To: cuban leaf
In fact, ignoring reality is part of our problem.

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

46 posted on 09/28/2023 5:06:57 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 31 | View Replies]

To: StAnDeliver

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

Of course it isn’t!


47 posted on 09/28/2023 8:18:55 AM PDT by Moltke (Reasoning with a liberal is like watering a rock in the hope to grow a building.)
[ Post Reply | Private Reply | To 44 | View Replies]

To: StAnDeliver
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!

48 posted on 09/28/2023 1:15:58 PM PDT by rxsid (HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
[ Post Reply | Private Reply | To 44 | View Replies]

To: Moltke
Of course it's possible. In fact, it's the numbers that those corporations reported to the Equal Employment Opportunity Commission.
49 posted on 09/28/2023 1:18:31 PM PDT by rxsid (HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
[ Post Reply | Private Reply | To 47 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-49 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson