Summarize the paragraph - workforce

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The U.S. workforce is more diverseRephrase and summarize the main points of the following paragraph:

" The U.S. workforce is more diverse than ever and is predicted to become increasingly more so as the country does likewise. The National Center for Public Policy and Higher Education projected that the nonwhite portion of the working population would double from 18% to 37% from 1980 to 2020, with a concomitant decrease in the white working population from 82% to 63% ("Fact #1: The U.S. Workplace Is Becoming More Diverse," November 2005 policy alert). The U.S. Census Bureau reported that in 2014, for the first time in history, a majority (50.2%) of children under 5 were categorized as ethnic minorities ("Millennials Outnumber Baby Boomers and Are Far More Diverse," June 25, 2015)

Despite growing diversity, however, minority workers are more likely than whites to be unemployed and less likely to be promoted to executive or senior management positions. According to the 2018 U.S. Department of Labor's Bureau of Labor Statistics report, 89.5% of corporate executives were white and 73.1% were male . In 2018, only three of the Fortune 500 companies had an African-American CEO (Grace Donnelly, "The Number of Black CEOs at Fortune 500 Companies Is at Its Lowest Since 2002," Fortune, Feb. 28, 2018). Pew Research has published that 40% of both men and women are more likely to hire men over women (Blaze Petersen, "The State of U.S. Workplace Diversity in 14 Statistics," ArchPoint Group, Dec. 20, 2016)".

Reference no: EM132748035

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