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S&P 100 added more than 300,000 jobs - only 6% went to White people
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09-27-2023, 09:04 PM
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#1
- gachase21
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S&P 100 added more than 300,000 jobs - only 6% went to White people
[QUOTE]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.
For a brief moment in 2020, much of corporate America united around a common goal: to address the stark racial imbalances in their workplaces.
Mass protests sparked by the murder of George Floyd led to a flurry of company promises, both specific and vague, to hire and promote more Black people and others from underrepresented groups.
Exclusive analysis by Bloomberg News shows how many of the biggest public companies did.
The US Equal Employment Opportunity Commission requires companies with 100 or more employees to report their workforce demographics every year. Bloomberg obtained 2020 and 2021 data for 88 S&P 100 companies and calculated overall US job growth at those firms.
In total, they increased their US workforces by 323,094 people in 2021, the first year after the Black Lives Matter protests — and the most recent year for which this data exists.
[b]The overall job growth included 20,524 White workers. The other 302,570 jobs — or 94% of the headcount increase — went to people of color.
..........
The group of companies in our data set employs more than 9 million people in the US at some of the country’s largest and most lucrative firms, in industries from tech to finance, including Apple Inc., Walmart Inc. and Wells Fargo & Co.
“Those are astounding percentages,” said David Larcker, the director of the Corporate Governance Research Initiative at Stanford University.
The reasons for the changes are complex and may be unique to a specific moment in time. In 2021, companies were hiring lots of people while prioritizing diversity. Many have since cut jobs amid an economic slowdown just as a backlash to corporate diversity efforts grows.
While the biggest shifts in 2021 happened in lower-paying job categories, such as sales workers and admins, the trend also occurred in well-paid and powerful managerial and professional roles. Even at the executive level, more than half the added jobs went to workers of color.
Black workers, who were the initial focus of the diversity push, made some particularly notable gains. Their share of managers and professionals increased at 70 companies in our data set, and they boosted their ranks among executives in nearly as many firms.
For years, companies have blamed the lack of a sufficient recruiting pipeline for why their workplaces don’t reflect the country’s racial and ethnic makeup. White men tend to disproportionately hold the highest-paying roles, and hiring managers have long said that qualified candidates from other backgrounds for elite jobs were few and far between. The latest findings show that when under pressure to hire and promote qualified diverse talent, organizations find a way to do it.
[/QUOTE]Cont....
[URL=https://www.bloomberg.com/graphics/2023-black-lives-matter-equal-opportunity-corporate-diversity/]https://www.bloomberg.com/graphics/2...ate-diversity/[/URL]
Seems fair
[URL=https://ibb.co/QK75zdx][img]https://i.ibb.co/CHprN2S/IMG-5286.jpg[/img][/URL]
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.
For a brief moment in 2020, much of corporate America united around a common goal: to address the stark racial imbalances in their workplaces.
Mass protests sparked by the murder of George Floyd led to a flurry of company promises, both specific and vague, to hire and promote more Black people and others from underrepresented groups.
Exclusive analysis by Bloomberg News shows how many of the biggest public companies did.
The US Equal Employment Opportunity Commission requires companies with 100 or more employees to report their workforce demographics every year. Bloomberg obtained 2020 and 2021 data for 88 S&P 100 companies and calculated overall US job growth at those firms.
In total, they increased their US workforces by 323,094 people in 2021, the first year after the Black Lives Matter protests — and the most recent year for which this data exists.
[b]The overall job growth included 20,524 White workers. The other 302,570 jobs — or 94% of the headcount increase — went to people of color.
..........
The group of companies in our data set employs more than 9 million people in the US at some of the country’s largest and most lucrative firms, in industries from tech to finance, including Apple Inc., Walmart Inc. and Wells Fargo & Co.
“Those are astounding percentages,” said David Larcker, the director of the Corporate Governance Research Initiative at Stanford University.
The reasons for the changes are complex and may be unique to a specific moment in time. In 2021, companies were hiring lots of people while prioritizing diversity. Many have since cut jobs amid an economic slowdown just as a backlash to corporate diversity efforts grows.
While the biggest shifts in 2021 happened in lower-paying job categories, such as sales workers and admins, the trend also occurred in well-paid and powerful managerial and professional roles. Even at the executive level, more than half the added jobs went to workers of color.
Black workers, who were the initial focus of the diversity push, made some particularly notable gains. Their share of managers and professionals increased at 70 companies in our data set, and they boosted their ranks among executives in nearly as many firms.
For years, companies have blamed the lack of a sufficient recruiting pipeline for why their workplaces don’t reflect the country’s racial and ethnic makeup. White men tend to disproportionately hold the highest-paying roles, and hiring managers have long said that qualified candidates from other backgrounds for elite jobs were few and far between. The latest findings show that when under pressure to hire and promote qualified diverse talent, organizations find a way to do it.
[/QUOTE]Cont....
[URL=https://www.bloomberg.com/graphics/2023-black-lives-matter-equal-opportunity-corporate-diversity/]https://www.bloomberg.com/graphics/2...ate-diversity/[/URL]
Seems fair
[URL=https://ibb.co/QK75zdx][img]https://i.ibb.co/CHprN2S/IMG-5286.jpg[/img][/URL]
09-27-2023, 09:24 PM
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#2
- AlwaysFocus
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- AlwaysFocus
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Isnt hiring based off race, racist?
09-27-2023, 09:25 PM
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#3
- BigBallsMcgee
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- BigBallsMcgee
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Amazing what happens when they stop getting jobs for the color of their skin
09-27-2023, 09:27 PM
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#4
09-27-2023, 09:55 PM
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#5
- HateLiberals
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- HateLiberals
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Shows you why service everywhere is much worse. And packages are constantly lost.
09-27-2023, 09:57 PM
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#6
09-27-2023, 10:20 PM
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#7
- Godfrd824
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Aren't "people of color" more likely to be unemployed and underemployed? You think these are CEO jobs? These are janitor jobs, McDonald's part time with no benefits, etc. LOL at them mentioning Apple, as if anyone with the skills to be hired at a high earning position at Apple doesn't already have a job and could get another one tomorrow.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
09-27-2023, 10:27 PM
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#8
- Jasonw1178
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- Jasonw1178
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Because white people already had jobs and probably those who lost jobs were POC's? maybe?
Apple spent 24B on R&D and all they came up with that is a notable change is switching to the USB-C on the iPhone 15.
Apple spent 24B on R&D and all they came up with that is a notable change is switching to the USB-C on the iPhone 15.
09-28-2023, 07:46 AM
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#9
- RIKTER
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- RIKTER
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Once Google/Microsoft, etc started making public who they hire based on race, etc....guess which group declined overnight.
Imagine being a white lib and knowingly voting for politicians, who are telling you to your face, that Big Tech/Wall St, etc should be allowed to bring over as many foreign born workers they want in order not to hire your college educated child.
Imagine being a white lib and knowingly voting for politicians, who are telling you to your face, that Big Tech/Wall St, etc should be allowed to bring over as many foreign born workers they want in order not to hire your college educated child.
09-28-2023, 10:48 AM
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#10
- Dan_S
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- Dan_S
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Originally Posted By Godfrd824⏩
Uh, they actually are CEO jobs. Haven't you noticed so many tech companies are being run by Pajeet's lately?Aren't "people of color" more likely to be unemployed and underemployed? You think these are CEO jobs? These are janitor jobs, McDonald's part time with no benefits, etc. LOL at them mentioning Apple, as if anyone with the skills to be hired at a high earning position at Apple doesn't already have a job and could get another one tomorrow.
09-28-2023, 11:31 AM
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#11
- Godfrd824
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Originally Posted By Dan_S⏩
I doubt the CEO of alphabet soup or whatever they call themselves got hired because of diversity quotas.Uh, they actually are CEO jobs. Haven't you noticed so many tech companies are being run by Pajeet's lately?
That reminds me. I knew a friend of someone in my family I met at a party. We're making small talk, and he asks what I do. I tell him I'm in IT, when I ask him, he tells me he works for micron. That's pretty cool I think. I asked him what his duties are and he gave me a very weird and generic answer. I brought this up to the family member who brought him, and she laughed and basically says he's a janitor. Lol.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
09-28-2023, 11:37 AM
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#12
09-28-2023, 11:49 AM
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#13
09-28-2023, 12:29 PM
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#14
- BigBallsMcgee
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- BigBallsMcgee
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Maybe they should try being qualified instead of getting by on the color of their skin
09-28-2023, 12:41 PM
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#15
Originally Posted By BigBallsMcgee⏩
What's your evidence that this is the case? That in current clown world whites are just "coasting by on the color of their skin?"Maybe they should try being qualifiedinstead of getting by on the color of their skin
Also, aren't you a NEET loser (and a constant race whiner/perpetual victim)? I'm sure that's whitey's fault too.
Your opinion seems a bit invalid on this subject.
09-28-2023, 12:47 PM
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#16
- BullittEV
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- BullittEV
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Originally Posted By Polaris⏩
The same evidence that youre a constant race whiner/perpetual victim. Just replace whitey's with jews in your statement.What's your evidence that this is the case? That in current clown world whites are just "coasting by on the color of their skin?"
Also, aren't you a NEET loser (and a constant race whiner/perpetual victim)? I'm sure that's whitey's fault too.
Your opinion seems a bit invalid on this subject.
Also, aren't you a NEET loser (and a constant race whiner/perpetual victim)? I'm sure that's whitey's fault too.
Your opinion seems a bit invalid on this subject.
Both arguments are retarded.
USMC 0311
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09-28-2023, 01:08 PM
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#17
Originally Posted By Godfrd824⏩
Reading comprehension of piss.Aren't "people of color" more likely to be unemployed and underemployed? You think these are CEO jobs? These are janitor jobs, McDonald's part time with no benefits, etc. LOL at them mentioning Apple, as if anyone with the skills to be hired at a high earning position at Apple doesn't already have a job and could get another one tomorrow.
300 Forever
09-28-2023, 01:12 PM
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#18
- freeheeler
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- freeheeler
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Originally Posted By BigBallsMcgee⏩
Imagine having to rely on your skin color and not your qualifications to get a joAmazing what happens when they stop getting jobs for the color of their skin
Scubastevo :-What percentage of women have STDs? (serious) If I just wanted to go bareback with any girl that I could get with, what are my chances of ending up bed ridden with STDs?
09-28-2023, 01:19 PM
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#19
Originally Posted By BullittEV⏩
Please cite a couple examples of me doing this.The same evidence that youre a constant race whiner/perpetual victim.
I'm sure you'll succeed in the same way you were able to support your accusation that I "whine about being unsuccessful".
09-28-2023, 01:25 PM
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#20
- BullittEV
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- BullittEV
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Originally Posted By Polaris⏩
I said you most likely are with a chance of not because of behavioral pattern recognition. Please fully read my posts if youre going to quote me. I really dont care to go back and quote the thread where you are not saying anything directly but defending the person who is or go find the other thread where you are.Please cite a couple examples of me doing this.
I'm sure you'll succeed in the same way you were able to support your accusation that I "whine about being unsuccessful".
I'm sure you'll succeed in the same way you were able to support your accusation that I "whine about being unsuccessful".
I'm glad you agree that both arguments are stupid, though.
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*fukkin zeezbrah when pickin up chicks but do one thing to fuk it up/cant sustain after that night crew*
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09-28-2023, 01:27 PM
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#21
09-28-2023, 01:28 PM
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#22
Originally Posted By BullittEV⏩
That's not what you said at all.I said you most likely are with a chance of not because of behavioral pattern recognition.
You love to say dumb chit and then backpedal, like a cuck, when called out on it. McGee is a constant blatant whiner about whitey keeping him down (and women not wanting him). If you find anything remotely equivalent, from me about jews, to his whiny nonsense then...let me know.
09-28-2023, 01:36 PM
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#23
- BullittEV
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- BullittEV
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Originally Posted By Polaris⏩
The last time you repeated this:That's not what you said at all.
You love to say dumb chit and then backpedal, like a cuck, when called out on it.
You love to say dumb chit and then backpedal, like a cuck, when called out on it.
Originally Posted By BullittEV
It's not my fault you dont want to register what I'm saying.Ok, but we've been through this before...most people, generally (maybe not specifically you, but probably) folks that are successful dont waste their time with this BS because they've met people, been around different types of people- are amicable, can do business and make a good life for themselves. They know people are individuals and every society or culture has good and bad. Can we stereotype and can they be true? Sure, but taking it to this level is something angry, poor people do because they are generally unhappy with themselves.
Again, I'm glad you do agree that both arguments are retarded, so we do agree on that so let's build off that.
USMC 0311
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09-28-2023, 01:52 PM
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#24
- Godfrd824
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Originally Posted By iabs⏩
I can read fine. I'm not stupid though. You go ahead and believe what you want, but that ain't what's actually happening IRL.Reading comprehension of piss.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
09-28-2023, 02:03 PM
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#25
11-14-2023, 10:43 AM
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#26
Originally Posted By Godfrd824⏩
Was searching for gachase21's S&P 500 thread to see if his challenge was met yet but couldn't find the thread. This was the closest it would find.Aren't "people of color" more likely to be unemployed and underemployed? You think these are CEO jobs? These are janitor jobs, McDonald's part time with no benefits, etc. LOL at them mentioning Apple, as if anyone with the skills to be hired at a high earning position at Apple doesn't already have a job and could get another one tomorrow.
So OP.. the S&P 500 is 4500 today, did it exceed your expectations?
Oh and as far as this thread is concerned, the quote above nailed it. All these numbers mean is that non-whites are under-employed compared to whites. They're just catching up to the white privilege lol.
11-14-2023, 12:34 PM
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#27
- gachase21
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Originally Posted By NYPat⏩
What challenge are you talking about?Was searching for gachase21's S&P 500 thread to see if his challenge was met yet but couldn't find the thread. This was the closest it would find.
So OP.. the S&P 500 is 4500 today, did it exceed your expectations?
Oh and as far as this thread is concerned, the quote above nailed it. All these numbers mean is that non-whites are under-employed compared to whites. They're just catching up to the white privilege lol.
So OP.. the S&P 500 is 4500 today, did it exceed your expectations?
Oh and as far as this thread is concerned, the quote above nailed it. All these numbers mean is that non-whites are under-employed compared to whites. They're just catching up to the white privilege lol.
I think this is the one you are looking for
https://forum.obnoxiousbrutes.com/showt...post1692355763
11-14-2023, 01:32 PM
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#28
Originally Posted By gachase21⏩
Exactly, that one. On spread.What challenge are you talking about?
I think this is the one you are looking for
https://forum.obnoxiousbrutes.com/showt...post1692355763
I think this is the one you are looking for
https://forum.obnoxiousbrutes.com/showt...post1692355763
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