Systemic Racism in Hiring CORRECTED

Last week I posted a picture coming frrm a Bloomberg report. Given the reputation and credibility of Bloomberg I didn't examine their data of method.  Now it is clear their report is misleading.

I believe they reported only on the net change in total headcount, NOT the hiring numbers. Their error I believe was ignoring all of the new hiring that replaced employees that left the companies.  This later data is not a part of the EEOC reporting so you have to make assumptions.  If you assume that 18% of employees are replaced every year you get a different picture, 35% of total hires were non-white.

https://x.com/moxlosllc/status/1710674098345439559?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A