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.

If true, such a statistic could launch a legion of victorious racial discrimination lawsuits — blacks, Asians, and Hispanics make up roughly 40% of the population, and there is no way they could obtain 94% of new jobs without some level of discrimination.

But the takeaway from Bloomberg is an example of innumeracy by journalists at an outlet once relied upon by businessmen for savvy financial analysis — or of willfully setting aside common sense in favor of what the publication acknowledged is an ideologically-driven “project to hold companies accountable to [diversity] pledges.”