From my understanding that analysis is complete junk. From the Daily Wire of all people:
> But it’s not possible from the data to say that those additional “people of color” took the 320,000 newly created positions. Most of them were almost certainly hired as part of a much larger group: replacements for existing jobs that were vacated by retirees or people changing jobs.
> A telltale sign that Bloomberg’s “percentage of the net increase” methodology is flawed, VerBruggen explained, is that, if the departures of whites had been just a little higher, the net change in whites would have been negative instead of the actual small growth of 20,000. Bloomberg’s methodology would then assert that whites took a negative percentage of the new 320,000 jobs, a mathematic impossibility.
> The percentage of new jobs that went to whites was likely about 46%, eight points below the 54% white makeup of companies’ existing workforces. That’s to be expected given demographic changes in the United States since the time that the currently-retiring baby boomer generation first entered the workforce.
> But it’s not possible from the data to say that those additional “people of color” took the 320,000 newly created positions. Most of them were almost certainly hired as part of a much larger group: replacements for existing jobs that were vacated by retirees or people changing jobs.
> A telltale sign that Bloomberg’s “percentage of the net increase” methodology is flawed, VerBruggen explained, is that, if the departures of whites had been just a little higher, the net change in whites would have been negative instead of the actual small growth of 20,000. Bloomberg’s methodology would then assert that whites took a negative percentage of the new 320,000 jobs, a mathematic impossibility.
> The percentage of new jobs that went to whites was likely about 46%, eight points below the 54% white makeup of companies’ existing workforces. That’s to be expected given demographic changes in the United States since the time that the currently-retiring baby boomer generation first entered the workforce.
https://www.dailywire.com/news/bloomberg-flubs-data-for-bomb...