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Math Is Hard: Bloomberg Makes Wild Claim That Only 6% Of Corporate Hires Are White

Wall Street subway stop (Woldai Wagner for Unsplash)
  • It’s an astonishing statistic that took the internet by storm: 94% of jobs created in 2021 went to racial minorities. It’s also completely untrue.
  • The conclusion from Bloomberg — which credits five reporters and four editors for its report — is that on the heels of the Black Lives Matter protests, corporations followed through on their promise to diversify their ranks. The outlet reported that companies in the S&P 100 added 323,094 new employees in 2021, and that only 20,524 of those new jobs were filled by whites.
  • A Daily Wire analysis of the same numbers examined by Bloomberg found that, in reality, the demographics of hiring figures for 2021 were barely different from previous years.
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