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

[Leroy N. Soetoro]

https://freebeacon.com/latest-news/just-6-percent-of-new-sp-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.

https://freebeacon.com/latest-news/just-6-percent-of-new-sp-jobs-went-to-
white-applicants-in-the-wake-of-george-floyd-analysis-shows/

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