NEW YORK, Dec. 20 (Xinhua) -- The share of Black workers in the S&P 100 workforce declined to 16.8 percent in 2023 from a peak of 17 percent in 2021, reported Bloomberg News on Friday, adding that the change, though incremental in percentage terms, is noteworthy directionally.

"Black employees have all but erased the gains they had seen since 2020, when corporations made a plethora of promises to address historical racial imbalances in the workplace following the murder of George Floyd," noted the report.

The statement was made on the basis of an exclusive Bloomberg News analysis of the latest race and gender data that 84 of the top U.S. companies provided to the Equal Employment Opportunity Commission. At a majority of the companies, the share of Black managers shrank after rising for two years, the data show.

"The post-George Floyd momentum that we got was a huge moment historically," Lisa Simon, chief economist at Revelio Labs, a workplace data consultancy, was quoted as saying. "It only took a random year of less enthusiasm to take that away again." Enditem

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